Commercial Investor - 02 Feb., 2013

February 2 - March 1, 2013 Volume 13 Issue 2

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ed

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4112_DJW_0020

0513_DJW_0011

outstanding investment opportunity Mixed use, income producing property in downtown Waterdown.

Buildings: 6,400 sq. ft. & 4,810 sq. ft. Anchored by a 6-bay coin operated car wash. For details contact: michael schuler, sior, senior vice president, Broker Coldwell Banker Commercial integrity real estate inc., Brokerage 905.338.8877 x 227 mschuler@cbci.ca

orangeville - $975,000 Two beautiful brick 4-plexes, side-by-side, built in 1990. All 2-bedroom suites (approx. 1,000 sq. ft.) containing frig., stove, stackable washer and dryer. Buildings are in excellent condition throughout with new shingled roofs (2010). Never a vacancy. Gross rent $88,320. Close to all amenities: Shopping, transportation etc. Asking $975,000. Exclusive listing. Principals only. For Marketing Brochure contact: Winston davies, Broker of record WinCorp realty inc., real estate Brokerage 45 Keats Crescent, guelph, ontario n1g 3B1 tel: 519.836.2080 fax: 519.836.2081 email: wjmdavies@rogers.com

l na y! io nit t p u ce rt ex po op

FREE SUBSCRIPTION!

CommerCial land for sale +800 ft. frontage on Upper James. Zoned, serviced, ready for site plan application. Contact: John paisley, Broker midevco Commercial realty Corporation, Brokerage 905.639.7426 ext. 2 john@midevco.com www.midevco.com

Get The Commercial Investor delivered directly to your door! See inside for details

FC_0513 (COM)

0513_DJW_0006

0513_DJW_0038

808 trussler road, KitChener - $1,495,000 Gorgeous Estate Residence on 6.76 acres within municipal boundary. 5,000 sq. ft. estate residence with incredible recent upgrades, legal 2 bedroom apartment, full functional 3,476 sq. ft. greenhouse, 1,750 sq. ft. shop all constructed with tremendous energy efficiency. In addition to greenhouse income, subject offers further revenue from trailer and vacation home storage. Property has existing access along both Trussler and Bleams and offers severance potential with upside from future development. duncan mclean, sales representative ryan Briggs, sales representative Cma realty ltd., Brokerage 519.578.0337

COMMERCIAL O P P O R T U N I T I E S 11268720_0513

0213_DJW_4_0048

78 ACRES PRIME DEVELOPMENT PARCEL IN NIAGARA

0213_DJW_2_0047

$27 Million Zoned and Secondary Plan approved for commercial/retail/office/residential mix use. Nestled in the heart of wine country with over 900 meters of shoreline. Enjoy breathtaking views of the Burlington, Oakville and Toronto Skyline. Feasibility studies and environmental reports available. Current tenancies include Tim Horton’s and Subway.

Premium highway exposure with immediate access to the Queen Elizabeth Way. Offered at $27 million.

ATTENTION INVESTORS/DEVELOPERS!

0213_DJW_1_0096

H OM E L IF E C O M M E R C IA L

a

$8.5 Million Approximately 39 acres situated on Stoney Creek Mountain surrounded by substantial ongoing commerical and residential developments. 2.75 acres currently operating as one of the busiest Tim Horton’s/Wendy’s combo locations in the country. Balance of property operating as 9 hole golf course/mini putt and driving range with future development potential. Located on signalized hard corner with multiple access. Offered at 8.5 million.

PARKING LOT W/ COMMERCIAL BUILDING FOR SALE

$579,900 High volume parking lot with 2000 sq. ft. building across from Hospital in St. Catharines. Owner retiring and priced to sell! Offered at $579,900.

MLS.

2G

$529,900 Solid 6 unit multi residential property.

Updated hydro w/separate meters, plumbing, HVAC, roof, windows, doors, fixtures plus much more. Downtown St. Catharines close to all amenities including performing arts centre, bus terminal and farmers market.

0213_DJW_1_0049

HomeLife Macro Realty Inc., Brokerage Independently Owned & Operated

COM

RESIDENTIAL 6 PLEX

NIAGARA FALLS DUPLEX

$129,900 Newly updated 2 unit residential home close to Casino, Canadian U.S. border, Bus Terminal, Train Station and Tourist District. Priced to sell!

0213_DJW_1_0046

0213_DJW_3_0047

John P. Iannuzzi, CCIM, FRI, Broker of Record/Owner Nicholas Kazan, Broker Nicolas von Bredow, Broker

905.945.5999

0513_DJW_1_0263

0513_DJW_1_0264

$2,490,000

WOW! THAT’S ONLY $62,250/DOOR

GREAT OPPORTUNITY FOR THE PRUDENT INVESTOR!

Infrastructure, image, management and processes have been carefully upgraded to standards to create this Turn Key Income Property Operation. With employment in the neighbouring towns and cities abundant, the tenants that live in this clean, 40-suite building love it for its comfortable no-fuss lifestyle and affordable ‘bedroom community’ rents. A self-contained apartment complex currently at about a 4.4 Cap Rate, but with further optimization could yield additional value and potential revenue of over 7.5 Cap Rate. Roof replaced, numerous updates inside and out to common areas and amenities. Virtually every suite refurbished/ updated to common decor, fixtures and new appliances. All units individually metered including electric heat. Water/sewer paid by owner. If you are looking for a self-operating property or want retirement investment for the future, look no further.

0513_DJW_0040

0513_DJW_0041

$2,490,000

OVER $93,000 ANNUAL INCOME

FARM FOR SALE WITH REVENUE

11268802_0513

Over 150 acres of farmland now available for purchase. Property at exit 164 on ramp, backing onto 401 just 12 minutes from London. Approximately 148 acres workable, consisting of 1 large hog barn, (2) coverall barns, an older cow barn and 3 houses. Projected income for farm is about $93,000/year, which includes tower (rogers cell). Call Richard for more details.

Richard Miller

CCC, CET

BROKER

Elite Ltd. Brokerage

Each office independently owned and operated

519 York Street, London ON N6B 1R4

T: 519.649.6900 F: 519.649.6933

519.868.8328

richardmiller@realtyexecutives.com commercialrealtor@rogers.com

Not intended to solicit anyone already under contract with another brokerage or person or property already listed

3G

COM

11266917_0513

4G

COM

8172756_0513

5G

COM

www.realtyforeveryone.com

ritamollicone@rogers.com

Independently Owned & Operated

416-889-2200

Rita Mollicone, BA cell:

416-508-2949

FOR LEASE 9,000 SQ. FT. - DIVISIBLE

100 ACRES BUILDABLE LAND • Georgian Bay most beautiful beaches

• Downtown Windsor

• Overlooking Bluewater Beach

• Close to TUNNELL TO U.S.

• Draft plan approved

• 2nd floor - Elevator and lots of windows

Call for price and information PROPERTY IN TORONTO

• Shoppers Drug Mart on main floor

• 95 feet frontage • Long lease to major franchise

$2.10 sq. ft.

$2.1M PLAZA NEWLY BUILT • 2 major tenants • Long leases • NOI $589K

0513_DJW_1_0016

PLAZA IN OSHAWA • Excellent location • Newly renewed leases • NOI $160K

$11.2M

$2.6M

11-UNIT APARTMENT BUILDING

• Excellent location walk to subway

• Over 130,000 sq. ft. of leasable

• Never vacant

• Finished basement

• Room to expand on 10 acres

• North York

$1.3M

Currently set up as a hair salon/spa 1738 sq. ft. In highly visible and growing neighbourhood. Close to schools, bus routes and shopping. Rent from $20.00/sq. ft. net.

0213_DJW_1_0020

• Detached double garage

$580,000

• Approx. 8% Cap

Please Inquire

BRANTFORD • Property 66 ft by 420 ft • Pizza Hut for over 15 years as tenant • NOI $82,500

$1,450,000

8 MAIN ST. E., HAMILTON

Downtown excellent office building. Completely renovated. Air conditioned, heat, hydro, maintenance, janitorial, taxes all included. Steps from the courthouse and McMaster downtown campus.

712 sq. ft - $900 mthly.

828 sq. ft - $990 mthly.

0213_DJW_1_0009

QEW CENTENNIAL PARKWAY - 45 GODERICH

325-327 BARTON ST. E., STONEY CREEK

Office building with high visibility and easy highway access. 1238 sq. ft. unit available from $11.00 per sq. ft. net featuring several offices, boardroom, plenty of parking & signage.

0213_DJW_1_7007

Office/warehouse space available with overhead door.

Close to highway and in very visible location. Ideal for light industrial/distribution.

1400 sq. ft. for $1,143.33/month + HST. 2033 sq. ft. from $1,567.10/month + HST. 0213_DOREENW_1_0002

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

PLAZA OUT-OF-TOWN

• Close to subway and shopping

1160 UPPER PARADISE RD., HAMILTON

COM

CENTRAL DETACHED DUPLEX

8148088_0513

11266919_0513

HomeLife/Bayview Realty Inc., Brokerage

11102630_0513

7G

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Escarpment Realty Inc., Brokerage Independently owned and operated.

Inducted in 1989

Inducted in 2001

Ivan Kontic

2003

Kevin Kontic

Sales Representatives

905-545-1188 800-567-6257

Based on 2012 closed transactions.

Source CREA+RE/MAX internal data.

Professional & Medical Available for Lease or Sale 11270839_0513

0513_DJW_0057

ATTENTION MEDICAL DOCTORS 0513_DJW_0056

FREESTANDING BUILDING

PROFESSIONAL OFFICE

PROFESSIONAL OFFICE

Approx. 2000 sq ft of office. A perfect setup for lawyer, accountants, financial etc. One large executive office with gas fireplace, large windows, boardroom plus 5 private offices and kitchen.

Only $10 per sq ft. Net Net Net

0513_DJW_0059

Unique opportunity to own shares in this medical building.

Approx. 1460 sq ft available for your practice. Fantastic location.

Building has Lab & Pharmacy as well.

0513_DJW_0058

Approx 11,000 sq ft free standing building with ample parking and a fenced yard. Located on the East Mountain (Red Hill Business Park) near the thruway. Great for investor or user. “Rare find”.

Great value at $1,199,000.

Up to 4500 sq ft available. New office space with loads of windows. Super location on Hwy #8 Stoney Creek. $10.00 per sq ft Net Net Net

Approx. 2100 sq ft of office space available immediately. Only $1800 monthly including TMI. Previously used as a dental lab.

8G

COM

0513_DJW_0061

REDEVELOPMENT OPPORTUNITY 0513_DJW_0060

DOWNTOWN STONEY CREEK

Redevelopment opportunity. Lot 89.2 x 138. Located on Hwy #8 Stoney Creek. Just east of Dewitt Rd. next to commercial property. Only $299,900.

416.636.8898 Sari Samarah, Sales Representative • Attila Schwarze, Sales Representative • Chris Seepe, Broker

FOR SALE OR LEASE 230 COMMERCE VALLEY DR. E., THORNHILL

11269730_0513

230 COMMERCE VALLEY DRIVE EAST, MARKHAM, ONTARIO

0513_DJW_1_0059

0513_DJW_0077

- Located just south of Hwy. 7 on Commerce Valley Drive East - Other tenants in the plaza include Baton Rouge, Hero Burger, Bar Burrito, Go For Tea, Quiznos and more - Fully fixtured prime restaurant space - 5631 square feet (corner unit) - Possession: Immediate - Net Rent: $35.00 per square foot - TIM: $14.00 per square foot Agent to contact is Sari Samarah 416.508.0459

- Former Restaurant for Lease - Available Immediately at $32 Net Rent - Property located in 404 and Highway 7 - Very busy area surrounded by lots of Office and Residential population - 9,559 square feet; 1,900 square feet patio; plus lots of parking - Former restaurant is in great condition; fully fixtured restaurant private dining, booths, dance floor and large kitchen with hood and refrigeration systems Agent to contact is Sari Samarah 416.508.0459

2760 YONGE STREET, TORONTO, ONTARIO

937 EAST MAIN STREET IN WELLAND, ONTARIO

0513_DJW_1_0061

0513_DJW_2_0060

- For lease at $35 Net Rent - Freestanding building located on the west side of Yonge Street between Lawrence Avenue and Eglinton Ave. - 3640 square feet with full basement and 51 feet of frontage.

- Suggested uses include retail, showroom, restaurant, medical etc.

Agent to contact is Sari Samarah 416.508.0459 or Attila Schwarze 647.868.0679

- 0.4 Acres of Vacant Land Available for Sale at $279,000 or for Lease - Property located at the southeast corner of East Main Street and Golden Blvd East (just west of Hwy. 406 and the Canadian Tire Financial Centre and Hydro office) - Former Gas Station with clean environmental status - Landlord will build to suit or land lease - Suggested uses included retail automotive gas bar, convenience, fast food, etc.

Agent to contact is Sari Samarah 416.508.0459

96 KING STREET EAST, BOWMANVILLE, ONTARIO

190 WESTNEY RD. S. IN AJAX, ONTARIO - $2.5 MILLION

0213_DJW_0058

0513_DJW_1_0062

- For Sale at $1.4 million, generating NOI of $71,000 - 0.5 acres of land with 2400 freestanding building with drive-thru in the heart of downtown Bowmanville - Currently tenanted by Bakers Dozen with corporate covenant and a new 5 year-term lease - 19 parking spaces on site with ability to expand more square footage if redeveloped Agent to contact is Sari Samarah 416.508.0459 or Chris Seepe 416.525.1558

- Just south of Hwy 401 and Westney Rd. S. and walking distance to GO Station. Signalized intersection of Westney Rd. S. and O’Brien Ct. - Approx. 1.5 acres of land, 8116 sq. ft. of building relatively new built car dealership. 28-35 parking spaces, - 5 bays, 6-8 vehicle showroom.

- Mortgage is assumable. Suggested uses include retail, automotive, restaurant etc.

Agent to contact is Sari Samarah 416.508.0459 or Chris Seepe 416.525.1558

9G

COM

$399,900

On ly 1

un it le ft

82 WEBER STREET E., KITCHENER $11.50/SF 1458 WEBER STREET E. KITCHENER $1,295,000 52 WEBER STREET

EXCEPTIONAL OPPORTUNITY FINISHED OFFICE SPACE FOR LEASE 1,260 sf remains for lease across from new courthouse.

Zoned (CR-2) Commercial Residential Two Excellent for Legal Professionals, Accountants etc.

Great visiblity on Weber St. and proximity to Downtown Kitchener Air conditioned office space with large windows & natural light

6000 sq/ft restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features ample parking, fully operational kitchen and great exposure.

0513_DJW_1_0093

56 WEBER STREET

0513_DJW_1_0057

$549,900 FREDERICK MALL, KITCHENER

Downtown Kitchener 5 Plex. Comprised of 2-three bedroom, 1-one bedroom, and two bachelor units the building is situated on a high exposure intersection. Currently the building is used as residential however commercial retail uses are permitted. Must be purchased with neighbouring tri-plex. MLS

Mixed use triplex located in downtown Kitchener.

The subject property is comprised of 2 one bedroom apartments and a 1400 s.f. retail unit situated on public transit route and close to all amenities. CR-3 Zoning allows for many commercial uses. Must be purchased with neighbouring 5-plex. MLS

Retail units and Pad Site available Mall undergoing extensive renovations On Bus line On Expressway Join Valumart, CIBC, Dollarama and many more

0513_DJW_1_0121

0513_DJW_1_0120

450 FREDERICK STREET, KITCHENER $9.50/SF

Last unit remaining 3rd floor suite w/private offices From 1,904SF to 2,425SF available Elevator, onsite parking, close to expressway.

0513_DJW_2_0104

0513_DJW_1_0039

1102 KING STREET PRESTON $899,900 BUSY VICTORIA STREET, KITCHENER Retail units for lease. 40,000 cars per day. 900 SF, 1,500 SF or combine. $22.00/SF (Net)

KITCHENER, ON Commercial land for sale. 4.85 acres. Price: $4.85M. Zoned C6. Located at Hwy 401 & Homer Watson, by Conestoga College.

ROCKWOOD, ON

Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Pre-leasing.

Own a piece of Preston's history! The Grand River Hotel has been operating as a Country and Western bar and grill for over 30 years. Situated on 0.42 of an acre with paved parking for 20 vehicles, and located on a high traffic corner. The building features 6,700 square feet of main floor space with 19 rental rooms on the upper 2 levels, and is licensed for 460 patrons.

0513_DJW_0070

UPTOWN WATERLOO RETAIL

Retail unit for lease. Commercial unit 1,900 SF. $22.00/SF (Net)

NORTH DUMFRIES INDUSTRIAL

For sale: $2.2M. 15,000SF - fully leased. On 4 acres, backs onto Hwy #401

DUNCAN McLEAN

RYAN BRIGGS

SALES REPRESENTATIVE

SALES REPRESENTATIVE

OFFICE

519.578.0337 x22

OFFICE

519.578.0337 x19

CELL

519.590.7997

CELL

519.498.5775

FAX

519.578.0025

FAX

519.578.0025

Duncan@cmarealty.ca 10G COM

8471421_0513

KITCHENER ONTARIO

Ryan@cmarealty.ca

11G

COM

8155064_0513

151 City Centre Drive, Suite 300 Mississauga, ON L5B 1M7 P 905.268.1000 F 905.542.2836 Member Commercial Division, Toronto Real Estate Board

BRANTFORD - INVESTMENT PROPERTY

$479,900 Potential net income $60,000. 4+ acres land zoned residential. At present 12,000 sq ft institutional building.

BRIGHTON

0513_DJW_1_0079

$2,600,000 Net income: $200,000.

Triple A tenants, 26,000 sq ft building, leases till 2019.

$999,000 13 Plex Building. 10 completely renovated apartments with new washrooms, kitchen cabinets, appliances, tiles, laminate flooring. 7 two bedrooms and 6 one bedroom apartments. Separate hydro meters for each unit. Net potential income $89,820. Sought-after location.

BURFORD (BRANT)

0513_DJW_1_0078

SOLD AL ION T I D CON

HAMILTON - 13 PLEX

0513_DJW_0102

MISSISSAUGA

$300,000 Net income: $24,000.

New plaza, strong tenants, CAP 8%.

0513_DJW_1_0076

0513_DJW_0101

$849,900 Fantastic Investment Opportunity.

Property surrounded by 3 street, covers the entire block. Present net income $65,494. Walking distance to Casino.

BRANTFORD - FOR 1ST TIME INVESTOR

WELCOME TO BRIGHTON $699,000 4 acres of land, more than 15,000 sq ft built up area. Triple ‘A’ Tenants. Net income $60,000 net per year.

PEMBROKE

$1,140,000

Net income: $106,000

0513_DJW_4_0082

0513_DJW_3_0081

D L S O $650,000

Net income: $54,000.

$550,000

Net income: $51,000 8471255_0513

12G COM

Commercial, Real Estate & Business Opportunities

Bill Bradley Sales Representative

416.258.6866

EXIT REALTY YOUR WAY

Brokerage | Independently Owned & Operated Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900

10228647_0513

exitwithbill@gmail.com

111 TRAFALGAR RD. OAKVILLE

0213_DJW_1_0130

BACK ON THE MARKET 0213_DJW_1_0108

Calling all investors - Rare care free investment in lovely downtown. Restaurant Bldg. at Lakeshore Rd. and Trafalgar Rd. in the middle of downtown Oakville business section. Approx 3500 sq. ft. on 2 levels with a small lift elevator and stairway. The area is ok to have 4 stories high so whatever an investor would like to use it for, commercial, residential or offices. The owner spent over $600,000 in the last 10 years on the building, complete renovations. Parking is just around the corner in a 4 story building which allows good parking for the Restaurant clients. The buyer is to take over the present tenant which has a 5 year contract with a first right of refusal for a second 5 year contract.

Call William (Bill) Bradley @ 416-258-6866.

0213_DJW_1_0070

0213_DJW_1_0071

General Store and gas bar servicing all the local residents, camp grounds, cottages and close to Algonquin Park. The store has the General Post Office outlet, groceries, gifts, movie rentals, camping supplier, fishing rods, etc. and gasoline pumps. Living area, 3 bedrooms, kitchen, living room & porch. Township approval for L.C.B.O. outlet, and application in for 6/49 Lotto.

$329,000

0213_DJW_2_0105

$1,450,000

0213_DJW_2_0081

0213_DJW_3_0082

These two properties back onto the Grand River which flows through the Town of Dunnville and are accessible to it for boating, etc. The Commercial Property has 2 stores which are leased out and the warehouse or large garage can easy be rented out. The bungalow has a living room, kitchen, bedroom, office and bathroom with a large deck out the back facing the Grand River and is leased out at present. Call Bill.

$199,900 & $399,900

0213_DJW_1_0441

Very busy gas & diesel station on Main St. in Cobden Ontario. Has a large Variety Store along with Super Lotto & 6/49 Lotto Sales. The property is on # 17 Hwy West of Ottawa and is 125’ x 100’ in size. Only 3 yrs old and very profitable. It is ideal for a young couple or retired couple to operate. Call Bill Bradley.

$349,900 13G COM

8302229_0513 11265809_0513

14G COM

Volume 13 Issue 02

1

Commercial Real Estate & Business Opportunities

Featuring the best selection in industrial, commercial and investment opportunities READ BY OVER 100,000 BUSINESS READERS!

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Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

special features 7 BUSINESS SAVVY — Start off with a knockout business plan 12 IN THE NEWS — Obama’s second term - What does it mean for Canada?

18 IN THE NEWS — Building awards recognize Toronto’s best

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20 MONEY SMARTS — Invest in what you know 26 IN THE NEWS — Canadian CEOs talk responsible business with The Prince of Wales 30 BUSINESS SAVVY — How to build your own small business 48 IN THE NEWS — Avison Young releases 2013 commercial real estate forecast for Canada, US 54 BUSINESS SAVVY— Financial planning for you and your small business 58 MONEY SMARTS— For the love of investments

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68 IN THE NEWS — Thawing out from four-year freeze: Canadian investors express confidence Glossy Section Editorial 16G IN THE NEWS — Enjoy the rewards of starting a small business 22G LEGALLY SPEAKING — Building or renovating commercial properties

By Jayson Schwarz and Konstantine Chatzidimos

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Volume 13 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: $BNCSJEHF t %VSIBN t &MPSB t 'FSHVT t (VFMQI t ,JUDIFOFS t 8BUFSMPP For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

5

Commercial Real Estate & Business Opportunities

519-745-7000

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9

Mike Milovick B.B.A., Sales Representative

CI@TeamMilovick.com

fax: 519-489-1333

8302191_0513

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Royal LePage

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick Outstanding multi-unit redevelopment opportunity steps to WLU! Be one of the first developers to work with The City to create a New Vision for Northdale! Smart buyer will note long term potential for property with recent zoning change! Site for multi-residential development on Albert Street. Minimum lot size and frontage for development met with new Northdale Zoning with this assembly. Lots of option$$$$! Tremendous upswing. Don’t wait!

1,233,000

$

0513_DJW_0007

TURN KEY 95 STUDENT DEVELOPMENT SITE This opportunity is a turn key redevelopment opportunity with everything done for you. Development site to be turned over with everything ready to go - building permits, development charges paid, environmental, demolition, architectural drawings, site plan approval etc. Seller even has superstructure build (building frame) contracted. Just buy and start to build. Super opportunity with the ability to finish interior tto your specifications.

2,000,000

$

0513_DJW_0008

$35,000+ GROSS ANNUAL INCOME AVAILABLE HERE!

DUPLEX SECONDS TO WLU

Wow! Stunning, rare duplex steps from WLU and walking distance to UW offers $59,000+ gross annu$ 765,000 al income. Purpose built addition constructed in 2008! Location most investors only dream about and only select few have privilege of owning. Superb Northdale offering that is right in middle of “Golden Zone.”

Heavy cash flow, generous return on investment.

Enjoy investment security by buying in one of the best areas in The City, in one of the perennially Best Cities in Ontario to invest in! Supplemental pics at www.teammilovic.com MLS® 0513_DJW_1_0028 Turn key, legal, rental licensed property ons tudent recongnizable street. All City approvals in place! $ $27,000 gross 299,900 income in place to end of August, 2013. Great opportunity for new landlord seeking better than average yield with positive cash flow. Easy walk to UW, groceries and transit. Shows very clean.

New roof (2012), ESA and HVAC certificates available! MLS® 0513_DJW_0009

Students love 449,900 this house! Four bedroom upstairs (class A-4) and three bedrooms down (class A-3), this home is a fully licensed turn key, money making operation with City approvals in place!

Rented until at least end of April 2013! Huge backyard that students love. Easy walk to both universities and close to bus route. Over $8000 positive cash flow! MLS® 0513_DJW_2_0029 $

ATTENTION INVESTORS! C o m p e l l i n g opportunity to own a turn key investment in the inspiring Bridgeport $ 245,900 Lofts development!

The uber, authentic loft and oversized bedrooms caters to the most discerning student! Students love three bedroom units. Leases in place until end of April, 2013! Complex features media room, laundry facillity and bike room. One parking spot is included! Only a short walk to downtown bars and WLU! Leases already in place to end of April, 2013! Do not miss 0513_DJW_1_0044 out! MLS®

STEPS FROM WLU!

Exceptional offering boasting income of over $79,000 gross annual income! This well maintained, 15 $ student triplex featuring 1,050,000 a purpose built addition has generously sized bedrooms and coomon space and is located just steps to WLU. Located in investor-desirable Northdale, this property’s zoning features one of the highest density zoning currenty available in The City.

Why not enjoy better than average yield today - and years to come while warehousing this property for land re-development in the future? Download floorplan of building at www.teammilovick.com MLS® 0513_DJW_1_0029

GREAT OPPORTUNITY AWAITS SMART BUYER!

Ideal “value” acquisition for investor looking $ to grow existing 359,900 portfolio or new entrant seeking a turn key student operation.

Seven large bedrooms (four bedroom and three bedroom units), within walking distance to WLU and quick bus ride to UW. Ability to increase current income significantly.

Seller has received rental licenses - fully City approved! All the work has been done for 0513_DJW_1_0400 you! MLS®.

D L O S

Great condo in well managed complex close to the amenities that students love!

Currently rented with one room having double occupancy.

Opportunity to increase occupancy when licensed. $ Currently rented for 174,000 $1200/month (gross) until the end of April 2013! Perfect for a handsoff investor, or a parent looking for quality safe housing. MLS® 0513_DJW_0010

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 13 Issue 02

6

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Whitney & Company Realty Ltd., Brokerage

INVESTMENT OPPORTUNITIES 79-91 WESTMOUNT RD, WATERLOO

r 16 unit complex (64 bedrooms) r Directly across from Waterloo University r New Price $4,416,000 r Call for further information

79-113 WESTMOUNT RD. WATERLOO

MLS 0513_DJW_1_0019

112-118 UNION ST. E. WATERLOO

r Proposed 6 storey condo + 2 storey triplex r Site plan approved - 43 units r Approvals in place r New price $1,599,000

MLS

r 21 unit walk-up apartment building r 5-one bedroom, and 16-two bedroom units r On site surface parking, close to amenities

0513_DJW_1_0022

MLS 0513_DJW_1_0025

89-103 MAIN STREET, CAMBRIDGE

r Up to 22,042 sq.ft. office space for lease r Available July, 2013 r $8.95 sq. ft. net r Building also available for sale

MLS 0513_DJW_2_0020

r Well maintained 40 unit walk-up r Fully occupied r New boiler system 2011 r $2,700,000

581 STRASSBURG ROAD, KITCHENER

60 CENTREVILLE STREET, KITCHENER

r 29 unit townhouse complex r All 3 bedroom units r Situated on 1.96 acres r $3,475,000

r 32 unit complex (128 bedrooms) r Directly across from Waterloo University r New Price $8,832,000 r Call for further information

351 ELM ST. ST. THOMAS

MLS 0513_DJW_3_0028

MLS 0513_DJW_3_0021

343 MILL STREET, KITCHENER

r 38 unit apartment building r Mature of 1, 2 & 3 bedroom suites r Recent capital improvements 0513_DJW_1_0023

0513_DJW_1_0024

35 KING ST. N. WATERLOO

150 KING ST. S., WATERLOO

r Up to 14,479 sq ft in prestigious office building r Exposed brick/beam, hardwood floors r Onsite parking, close to amenities MLS r Lease from $18.00 per sq ft.

0513_DJW_0036

r Redevelopment Opportunity To Build r 6-stories - 14 residential & 2 commercial units r Concept plan available MLS r $1,595,000 0513_DJW_2_0027

105 OAK PARK DRIVE, WATERLOO

305 KING ST. W., KITCHENER

r 1,464 to 2,982 sq. ft. office/retail r New building - Occupancy April 2013 r Patio space available with end units r $20.00/sq ft net

MLS 0513_DJW_3_0029

r 1,000 to 30,000 sq. ft. office r Recently renovated r Underground/surface/off-site parking r From $7.95 sq ft net

MLS 0513_DJW_1_0030

8157182_0513

John Markou, Sales Representative john.markou@whitneyre.com Ext 242

Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238

James Craig, Sales Representative james.craig@whitneyre.com Ext 259

Carolyn Coakley, Sales Representative carolyn.coakley@whitneyre.com

519-746-6300

Ext 245

Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

7 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

Whitney & Company Realty Ltd., Brokerage

LEASING OPPORTUNITIES 0513_DJW_1_5000

r (SFBU PQFO DPODFQU OE áPPS PGGJDF TQBDF r 0XO QSJWBUF FOUSBODF r -PDBUFE JO IFBSU PG VQUPXO 8BUFSMPP r QTG OFU MLS

r TR GU PGGJDF JO EPXOUPXO ,JUDIFOFS r WFIJDMF QBSLJOH B SBSF PQQPSUVOJUZ r *EFBM GPS IJHI UFDI TUVEJP QSPG TFSWJDFT r 0OMZ QFS NPOUI JODMVEF VUJMJUJFT MLS

r PS TR GU SFUBJM PGGJDF r $POWFOJFOU MPDBUJPO DMPTF UP &YQSFTTXBZ r "NQMF POTJUF QBSLJOH r "TLJOH QFS TR GU OFU MLS

150 WISSLER RD #1, WATERLOO

0513_DJW_2_0035

0513_DJW_0035

18 SNYDER’S RD. W., BADEN

0513_DJW_2_0042

4396 KING ST. E. KITCHENER

569 LANCASTER ST. W., KITCHENER 0513_DJW_3_0033

74 QUEEN ST. N., KITCHENER 0513_DJW_2_0032

92 KING ST. S. WATERLOO

r TR GU SFUBJM PGGJDF BWBJMBCMF JNNFEJBUFMZ r 1MB[B JT MPDBUFE PO IJHI USBGGJD DPSOFS r +PJO 5JN )PSUPO T "VEJP 4VCXBZ FUD r "TLJOH QFS TR GU OFU MLS

r UP TR GU SFUBJM PGGJDF JO CVTZ QMB[B r (SFBU MPDBUJPO JO DFOUSF PG #BEFO r "NQMF PO TJUF TVSGBDF QBSLJOH r "TLJOH QFS TR GU OFU MLS

10866683_0513

James Craig, Sales Representative james.craig@whitneyre.com Ext 259

r )JHI QSPàMF TR GU DPSOFS VOJU r 4VJUBCMF GPS PGGJDF SFUBJM SFTUBVSBOU r "NQMF PO TJUF QBSLJOH r -FBTF QFS TR GU OFU MLS

Carolyn Coakley, Sales Representative carolyn.coakley@whitneyre.com

Ext 245

519-746-6300

Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.

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Start off with a knockout business plan

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t " CVTJOFTT QMBO HVJEFT ZPVS FOUJSF QBUI UP TVDDFTT GSPN DPODFQU UP TUBSU VQ BOE FWFO FYQBOTJPO CZ DMFBSMZ PVUMJOJOH WJUBM EFUBJMT BOE UIF EJSFDUJPO ZPV XJTI UP UBLF

t *U TBWFT ZPV UJNF :PVS DSVDJBM UBTLT DBO CF NBOBHFE NPSF FGGFDUJWFMZ BOE ZPV DBO BDDPVOU GPS MPOH UFSN HPBMT t 3PCVTU QMBOT BMTP LFFQ ZPV PO USBDL GPS NFFUJOH ZPVS DVSSFOU PCMJHBUJPOT UP GVOEFST TVQQMJFST FUD 6TF UIF POMJOF SFTPVSDFT BWBJMBCMF UP ZPV UP DMFBSMZ TUBUF ZPVS QBUI BOE HVJEF ZPV SBUIFS UIBO HBNCMF XJUI ZPVS GVUVSF

Please say you saw it in The Commercial Investor

/$

8

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Kitchener/Waterloo Guelph & Cambridge 8331512_0513

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

9

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211

OFFICE/RETAIL FOR LEASE 1,587 SF, $20.00/SF MLS# 1142056, Kitchener Equipment included in lease rate. Great tenant support. High traffic location with ample on-site parking.

Lester Tobin*

2,889 SF, $1,850/ MONTH MLS# 1224313, Cambridge Open Office/ Commercial concept.

Located minutes south of Hwy 410.

Ample on-site parking.

Lester Tobin* Up to 300,000 SF/ $18.00/SF EXCLUSIVE, Waterloo Build to suit. Close proximity to many amenities. Excellent access to Hwy 85 Peter Benninger** 4,039 SF, $12.95/ SF MLS# 122079, Waterloo Prominent building signage opportunity.

High traffic intersection sees over 33,000 cars daily.

Colin Vogel*/ Peter Benninger**

OFFICE/RETAIL FOR SALE 1,260 SF, $349,000 EXCLUSIVE, Kitchener Excellent location—car lot & sales. Two bay garage plus office. Nice lot. Good traffic exposure.

Lester Tobin* 11,687 SF, $625,000 EXCLUSIVE, Elmira Signature office space at prominent intersection in core commercial district.

Peter Benninger**

MEDICAL/PROFESSIONAL OFFICE

8.072 SF, $849,000

BUILDING

MLS# 1212194, Kitchener

9,294 SF, $1,950,000 EXCLUSIVE, Kitchener Well maintained office building on 0.84 acres. 92% rented. Ample free on-site parking. 7% CAP rate Lester Tobin*

Free standing industrial building for owner or fully rented investment property.

Tenants are month to month Lester Tobin* 7,740 SF, $1,500,000

VARIETY STORE WITH PROPERTY 3,815 SF, $949,000 MLS# 1211456, Heidelberg

Well established business for over 20 years. Free standing building. Corner lot.

High sales. High traffic.

Gary Boudreau*

MLS# 1218127, Orangeville 40’ x 100’ Drive thru bay doors at either end. 4.16 Acre lot, compounded yard, outdoor storage allowed.

INDUSTRIAL/WAREHOUSE FOR LEASE�

John Hoffman*

LAND FOR SALE 2 Acres, $540,000 MLS# 1144687, Kitchener

3,931 SF, $2.50/SF

Corner of Trillium & Huron with excellent access to Hwy 7/8 and Hwy 401. Many uses permitted.

Peter Benninger**

MLS# 1118194, Kitchener

REDEVELOPMENT OPPORTUNITY!

Great clean 9-10 ft ceiling. All dry walled.

Storage for documents., distribution company, etc.

John Hoffman* 2,306 SF, $5.50/SF

12.09 Acres, $7,950,000 EXCLUSIVE, Kitchener

Over 1400’ frontage on major arterial road in an established urban environment.

Colin Vogel*

MLS# 1214032, Kitchener One drive– in door. Small reception area.

One finished office with small Mez. Very clean space.

John Hoffman*

INDUSTRIAL/WAREHOUSE FOR SALE

DEVELOPMENT LAND 10.87 acres, $3.600,000 MLS# 1047293, Brantford

Prime development opportunity at high traffic, high visibility intersection. C10-4 zoning allows for a wide range of uses.

Colin Vogel* INDUSTRIAL DEVELOPMENT LAND

5,152 SF, $599,000 MLS# 1214696, Kitchener

Two smaller industrial buildings (4,000 SF & 1,152 SF) Very suitable for automotive repair with 3 current tenants.

5.5 Acres, $434,500 MLS# 1137617, North Dumfries Twp.

4.3 Useable acres overlooking Hwy 401.

R. Blake. Hull*

www.coldwellbankerpbr.com/commercial�

Lester Tobin*

* Sales RepresentaƟve ** Broker of Record

8171433_0513

Please say you saw it in The Commercial Investor

10

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211

LAND FOR SALE

28.59 Acres (approx.) $20,500,000 EXCLUSIVE, North Dumfries

66.58 Acres, $2,200,000 EXCLUSIVE, Cambridge Under consideration to change OP designation to industrial.

25.22 acres, $995,000

Peter Benninger**

Industrial development parcel available immediately. Zoned (H) M3.

Peter Benninger** HIGHWAY COMMERCIAL LAND 1.43 Acres, $549,000 MLS# 1144743, Highway # 7

Located between Kitchener and Stratford.

Highway commercial zoning.

Lester Tobin* COMMERCIAL DEVELOPMENT LAND

4.49 Acres, $1,995,000 EXCLUSIVE, Kitchener

Highly visible, high traffic site. Central to existing retail & proposed employment lands.

Peter Benninger** 80’ x 181’ LOT ON HESPELER ROAD $585,000 OR $3,500 PER MONTH NET EXCLUSIVE, Cambridge

Very rare to find a lot of this size on Hespeler Rd. Former car lot. Can be John Hoffman* redeveloped

INVESTMENT FOR SALE

Investment property with one unit available for user or lease. Retail and residential mix.

Lester Tobin* BUSINESS FOR SALE RETAIL/RESTAURANT PROPERTY INCLUDING BUSINESS

13,000 SF on 1.01 Acres, $1,950,000 MLS# 1128315, Woodstock Freestanding solid brick building on 1 acre lot in Woodstock’s newest retail node.

Currently operating as a restaurant /bar with patio. Liquor license for 312 Lester Tobin*

FOOD OUTLET AND DELI 3,901 SF, $649,000 EXCLUSIVE, Waterloo Region Celebrating 25 years. Sale of frozen food, fresh meat, produce, finger foods and much more. High Profile Location, provincially Licensed.

Lester Tobin* RESTAURANT WITH PROPERTY 1,900 SF on 1.43 Acres , $549,000 MLS# 1144743, Highway #7 Freestanding, 97 seat restaurant on a high traffic commercial lot.

Lester Tobin*

7,222 SF, $639,000 MLS# 1134251, Kitchener Investment property. Great potential return on investment. One retail unit (available for rent or owner user) Plus one 3-bed and three 2-bed apartments.

Lester Tobin*

** Broker of Record

16,164 SF, $995,000 MLS# 1144108, Cambridge

EXCLUSIVE, Cambridge

* Sales RepresentaƟve

3 buildings, 281,864 total sq.ft. Industrial investment opportunity in 97/401 business park Fully occupied, long term leases.

Peter Benninger**

MULTI-FAMILY FOR SALE

6-PLEX, $659,000

MLS# 1214873, Kitchener Well maintained 6-plex in desirable Forest Hill neighbourhood. Oversized units, some with balconies.5-2Bdrm units, 1-1bdrm unit; separately metered for hydro.

Mike Flynn 41 Units/205 Beds, $18,199,000 MLS# 1137499, Waterloo Brand new 41 unit 205 bedroom ICF investment property located very close to UW and WLU. Property features a 7% CAP rate, private bathrooms for each bedroom , oversized bedrooms, elevators, common rooms and LEED quality construction.

Eric Reiner* For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211.

SALES REPRESENTATIVES: Gary Boudreau, ext 3029 Mike Flynn, ext 3037 Roman Ginzburg, ext 3103 John Hoffman, ext. 3040 Mark Hopkins, ext. 3020 R. Blake Hull, ext 3032 Shawn Quilty, ext 3106 Eric Reiner, ext 2099 Lester Tobin, ext. 3023 Colin Vogel, ext 3110 BROKER OF RECORD: Peter Benninger, ext. 3000

62 SEAT RESTAURANT 1,800 SF, $149,000 MLS# 1124086, Waterloo

Proudly Serving

Established for over 25 Years. Great location. Liquor License Lester Tobin*

www.coldwellbankerpbr.com/commercial�

8331507_0513

Please say you saw it in The Commercial Investor

11

Commercial Real Estate & Business Opportunities

Albert Fish Associates Limited

BE SEEN IN THE LIMELIGHT!

R E A L E S TAT E B R O K E R A G E

Kenneth G. Fish, Broker of Record

FOR SALE

Highlight your hot, new and unique listings.

1.866.822.4066

Feature 2 properties and your agent photo in a full colour quarter page ad.

Reserve your space today!

416-784-5060.

0513_DJW_0029

GUELPH BAR & GRILL $550,000 • Easy Operation • Land - .54 acres • Building - 2,151 sq. ft.

• Business - 77 seats plus 35 patio seats 11270688_0513

The Cliff Rego Diamond Award Winning Team: t 1 M B D F E 5P Q J O $ B O B E B t 5 P Q J O U I F X P S M E G P S 3 & . " 9 t 4BMFT PWFS .JMMJPO JO BOE DPNCJOFE

Cliff Rego

*RE/MAX International Statistics 2012 **For markets with population of 50,000 to 150,000

Broker

519.740.7222 692-696 FRANKLIN BLVD.

Rick Wyatt

Sales Representative

Real Estate Centre Inc. Brokerage

519.623.6200

50 HOPETON ST

66 COWANSVIEW RD. 0513_DJW_1_0048

0513_DJW_0003

0513_DJW_1_0047

$1,190,000

11269765_0513

Each office independently Owned and Operated

$12.90/sq. ft.

D L O S

$659,900

Exceptional investment opportunity! 5 income streams: Automotive garage, including extensive operating equipment; Beautiful home pride & quality; Inside storage; Outside storage; Lease income from car lot. Well established automotive garage operates with pride & has an excellent reputation with a loyal clientele. MLS 1294708

Super traffic exposure. Loads of parking. Bright store front window. Lighted sign box and large pylon sign. Easy rear loading access. Immediate occupancy. MLS 1390325

Great cap rate! Lease is triple net. Great property and location.

Quick and easy access to major roadways and Hwy 401.

Property has potential for significant expansion. MLS 1294588

679 CORONATION BL.

35 WATER ST. S.

111-855 KING ST.

$8.00/sq. ft.

0513_DJW_1_0445

0513_DJW_1_0068

0513_DJW_1_0069

$19 all inclusive.

Ideal location! High traffic exposure, in popular Cambridge area, right across from the hospital. Offering a versatile layout and a great professional opportunity. Finished office space available and fully air-conditioned. Great for your business venture! MLS Coronation

Extensive pedestrian and auto exposure.

Lots of off-street pkg.

Lg meeting room, storage areas. Washrooms inside tenant space. Handicapped access. Convenient area. Well designed layout. MLS 1295897.

Please say you saw it in The Commercial Investor

$5.95/sq. ft.

Extensive vehicle & pedestrian exposure. Substantial rear parking. Seller will alter to suit. Great retail/professional/ medical/office opportunity. MLS 1295908

Kitchener/Waterloo Guelph & Cambridge

Volume 13 Issue 02

12 inthenews

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Obama’s Second Term - What does it mean for Canada?

B

arack Obama was sworn in for his second term on Monday,

January 21, 2013. So, what can the world expect from his second term, and do current U.S. fiscal troubles mean that Canada should move away from its longstanding dependence on trade with the U.S.?

Despite the volumes that have been written on “fiscal cliff” and debt issues, author John M. Curtis sees the U.S. as a beacon of growth and economic opportunity in the medium term, and rather than becoming less important to Canada, will likely become more important. “Canada-U.S. cross-border activity will expand over the coming four years; the currently repressed share of 75 per cent of total Canadian merchandise exports going to the U.S. is probably at a cyclical low,” said Dr. Curtis recently.

Internationally, despite an array of foreign economic policy issues floating about including reform to the governance structure of the IMF, tougher financial regulations and a post-Kyoto climate change treaty, among others - the U.S. is unlikely to show any concerted leadership toward these issues and will focus on incremental change, Curtis argues.

However, two exceptions to the incremental approach will be the Trans-Pacific Partnership

(TPP) and dependency on Middle East oil - both of which have a huge impact on Canada. All the more reason that Canada needs to ensure a strong, trade-focused relationship with the U.S. Curtis argues that the TPP has become and will continue to be “Washington’s top international economic priority.”A great deal of effort will be spent driving this initiative forward over the next four years. The author even goes as far as saying that “it will supplement and possibly even replace the Canada-U.S.-Mexico NAFTA.” The author also contends that the U.S. will quietly go about creating a stable oil price - neither too high nor too low - to both protect its economy and protect its allies in the Middle East and further afield from economic disruption.

Overall, while it is important for Canada to diversify export markets, we should not take our eye off the ball in terms of trade with what will continue to be the world’s largest and most dynamic economy.

The report can be found at www.policyschool.ucalgary.ca/publications

SOURCE: The School of Public Policy - University of Calgary

Please say you saw it in The Commercial Investor

13

Commercial Real Estate & Business Opportunities

Albert Fish Associates Limited R E A L E S TAT E B R O K E R A G E

Kenneth G. Fish, Broker of Record

FOR SALE 1.866.822.4066

0513_DJW_0049

GUELPH, 735 WOOLWICH STREET • Freestanding 3,020 sq. ft. building, formerly McDonald’s • Land .96 acres (room for expansion), has 2 driveway entrances • Average daily traffic 18,845 Vehicles - 24 hrs.

• Zoned/Restricted to general restaurant • Equipment/Chattels. “As Is” • $750,000 11270768_0513

Empire Real Estate Service Ltd., Brokerage 8305540_0513

Office 519-767-2392 t Cell 519-820-6571

1-800-461-9416 Email DouglasRielly@gmail.com Toll Free

www.trailerparksforsale.ca

Douglas Rielly Broker of Record

MUSKOKA FAMILY CAMPGROUND This park is located less than 2 hours north of the GTA on 90 acres of beautifully treed property and on a high traffic highway. Currently it has 250 sites and can be expanded by another 125. There is a large swimming pool, rec. hall, newer house for the owner or manager to live in, a store and reception area and several rental cabins. Most of the sites are rented to seasonal campers with a few retained for USE by overnighters. All water, hydro and septic systems are in excellent condition and this park is a money maker with very strong upside potential.

SOUTHWESTERN ONTARIO Formerly a ski club, this park sits on 40 acres of gently rolling, nicely treed land with a couple of the old ski runs still in place. There is a very large rec hall with 2 woodburning fireplaces, dance area and a fully equipped kitchen. There are 77 sites, swimming pool and a 12 yr. old home for the owner. Many of the sites are rented yearly to snowbirds. There is room to expand with approvals from the municipality. New septic system 2012 with all approvals and water system meets current legislation. A nice easy to run park with potential.

TRAILER PARKS MAKE GREAT INVESTMENTS WITH STRONG CASH FLOW! Open only 6 months a year they afford owners plenty of time off in the winter.

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 13 Issue 02

14

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION

COVERING: #SBOUGPSE t $IBUIBN t *OHFSTPMM t -POEPO t 4BSOJB t 4JNDPF t 4USBUGPSE 4U 5IPNBT t 5JMMTPOCVSH t 8JOETPS t 8PPETUPDL For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 13 Issue 02

15

Reid Dundas, Broker

&Maggie Whitcroft,

Sales Representative Located in St. Marys – 15 minutes South of Stratford, 20 minutes Northeast of London

NEW LISTING - INVESTMENT PROPERTY

$475,000

This large, completely renovated downtown property shows excellent return and is ready for the next owner. There are 2 commercial and 4 residential units. It is located in the heart of St. Marys, thriving with many festivals and opportunities. MLS 711889.

0513_DJW_0089 0513_DJW_0090

This site offers 8.8 acres of prime development land located across from the St. Marys Golf Course and one block from ‘The Independent Grocery Store’. It is zoned Highway Commercial which allows for many uses. MLS 699641.

0513_DJW_1_0003

13 year old building on 1.5 acres designed for many uses. Located minutes to Hwy 7 and 1/2 hour to Hwy 401. Large 50’x80’ warehouse area, 3 large overhead loading doors, loading dock, 24’x24’ production area with in-floor heat, separate office area. MLS 101456.

$385,000 PROFESSIONAL OFFICE SPACE

‘THE KIRKTON MARKET’

$575,000

0513_DJW_3_0002

$595,000 ‘MULTI USE BUILDING’

‘INVESTMENT POTENTIAL’

This very busy general store is located in Kirkton, West of St. Marys with great exposure on Hwy 23. It is a true country store with Post Office, grocery, hardware, movie rentals, etc., plus a well cared-for spacious two storey living quarters attached to the store. MLS 700823.

0513_DJW_5555

0513_DJW_2_0001

COMMERCIAL DEVELOPMENT

$550,000

2.2 acres of prime commercial development property zoned Highway commercial. Located on main street, St. Marys, close to 3 car dealerships, The Beer Store, local hospital, a restaurant, etc. Call today to discuss the possibilities and the reasons you need to consider St. Marys for your business.

MLS 420787.

COMMERCIAL BUILDING LOT

$250,000

This prime 1 acre building site has amazing potential. Located on a busy artery, across the road from Canadian Tire & Foodland Mall. With C3 zoning, your options are many. $250,000.

MLS 090243.

1800 sf

Two floors, two boardrooms, private executive offices, washrooms. Heat, hydro & taxes incl. $8.00/sq. ft. Located in St. Marys between Stratford & London. Close to 400 series highways. MLS 604937.

RETAIL SPACE 1200 SQ FT.

$8.00/sq. ft.

High traffic strip mall for lease $8.00/sq. ft. Please call Listing Office for more details. MLS 554264.

For more information contact www.reiddundas.com Please say you saw it in The Commercial Investor

FAST FOOD FRANCHISE Fast Food Franchise opportunities in St. Marys.

Please call listing office for details.

Southwest Ontario

11268690_0513

Commercial Real Estate & Business Opportunities

16

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

11270887_0513

Grocery Anchored Pad Site AAA location in Stratford Up to 5,000 sf Lease

CTQ^Q 1bQ^ePMe U_ ?aZPMe

Prime New Retail Development in Stratford. Join NO FRILLS grocery as your neighbour. Great corner pad site location up to 5,000 sq. ft. available or can divide in smaller units.

Southwest Ontario

4 cottages on one large lot Keep one for yourself and rent the others

5,813 sf - Brampton Retail

One block from shops, restaurants

Prime Retail location join Boston Pizza, A&W, Denny’s, William’s Coffee, Baskin Robbins with major retail neighbours include Wal-Mart & Canadian Tire.

Walking distance to the beach and marina Potential CAP Rate between 12 to 13% See the property at http://bayfieldcottages.vpweb.ca

519 768 1623 sugermana@yahoo.ca 11270689_0513

• Retail Lease Sites in Windsor, Stratford, Various sites in GTA • Taxi Fleet Operation Southwestern Ontario - Owner Retiring • Quiznos Sub Franchise. Guelph. Close to varsity. $249,000 • Convenience Store excellent plaza on Fairway in Kitchener • Bagel and Coffee franchise. Brampton. $99,000 • Pita and Shawarma Rest. Industrial/many factory employees $109,000

Don Patchett

Independently Owned and Operated

V

BRONSON’S STEAK HOUSE

ATTENTION PROFESSIONALS!

0513_DJW_1_0095

0513_DJW_1_0086

“Reduced! Over $300K in fixtures, chattels and upgrades included. Selling due to health issues. Business only $299,900.”

Great location in downtown Woodstock.

Approx 3400 s.f. total. On-site parking for 10+, main floor leased until Dec 31, 2013. Top floor vacant. 28 Perry St.

ONLY $101,900!

Still renting?

This superclean 2 storey industrial condo is in great condition. M3 zoning. Unit 5, 1033 Pattullo “So Long” to the boss, here is an opportunity Ave. to have your own business! Sabroso’s Pizzeria and Burritos in busy Giant Tiger plaza.

FINISH THE RENOS. REAP THE REWARDS!

Facade complete, main floor ready to go for office or retail, 4 x 1BR or 2x2 bed apts with new services to be completed on 2nd & 3rd floors. $199,900, 393 Dundas St.

0513_DJW_2_0088

0513_DJW_1_0092

ER ED SELL OTIVAT M ERY

Sales Representative

www.DonPatchett.com

0513_DJW_0045

Office: 519.539.5646 Cell: 519.421.8911 Toll Free Cell: 888.314.6333 0513_DJW_1_0091

10863226_0513

Business is at a Crossroads...

It’s called Woodstock, Ontario Canada

Please say you saw it in The Commercial Investor

ALMOST 7000’ SALE OR LEASE Recent improvements: spray foam insulation & steel siding on sides & rear, most windows replaced, new front doors, 2 F/A furnaces & A/C, membrane roof. 595 Henry St. $310,000. “Existing user may agree to new lease.”

Volume 13 Issue 02

17

Commercial Real Estate & Business Opportunities 3&4*%&/5*"- t $055"(& t '"3.4 t $0..&3$*"- t #64*/&44

519-524-4473

Buy With Confidence.

Sell With Experience.

TOLL FREE 1-888-524-4473

Goderich on the Shores of Lake Huron

Brokerage

9853670_0513

&9$&--&/5 0''*$& #6*-%*/( Well maintained 62’ x 92’ commercial building in Clinton.

Over 5,000 sq. ft. of offices w/2 washrooms, lunch room & storage.

Financial institution presently leasing 3,700 sq. ft. Ideal for medical centre, government offices, educational centre or similar uses. 0.53 acre lot. Membrane roof recently installed. Fully air 0513_DJW_1_0018 conditioned. .-4

13041&3064 6/*5 .05&- Family operated business & residence w/major highway exposure near Lake Huron’s shores just north of Goderich.

Substantial renovations over past few years. Detached 3 bdrm 2,500 sq. ft. ranch style home w/recent improvements.

Country lifestyle + great returns.

5 mins to superb 18 hole golf 0513_DJW_1_0037 course. .-4

'".*-: #64*/&44 Goderich area 9-unit motel w/ attached office & 2-bdrm residence.

Family operation for over 40 years.

Completely refurbished in 2005: upgraded baths, wiring, plumbing, new heating & AC wall units, drilled well, water treatment, water softener & upgraded septic system. Services include satellite TV, phones, high speed internet & on-site laundry 0513_DJW_2_0050 facility. .-4

$6450. ."/6'"$563*/( Unique family business in Goderich. Offers a full line of custom equipment w/sales world wide. Being sold as a “Share Purchase� includes all equipment, chattels & training for immediate take-over.

Manufacturing facility can be purchased, leased, or leased with an option to purchase.

0513_DJW_1_0060 .-4

Southampton

9992168_0513

Sales Representative

Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca

P R I M E R E TA I L L O C AT I O N $ 4 9 9 , 9 0 0 1 7 0 M A I N S T R E E T, S O U T H A M P T O N 8,500 sq. ft. building with two large rental apartments and 4000 sq. ft. of retail space. Prime location in the centre of the main shopping block in Southampton.

Full, dry basement for storage. Located in a century building with more recent additions to the majority of the building, it has been an active hardware store www.downspro.ca for decades. As one of the most service oriented businesses in Bruce County, this Pro Hardware operation is a gem. The customer base consists of consumers,businesses and tourists, all of whom love the old-fashioned flavour of this establishment. And, it’s more than a hardware with an extensive line of kitchen ware and beach products. The business and chattels can be purchased for $129,000. 4512_DJW_1_0033

PRIME CORNER COMMERCIAL $549,000 Desirable corner lot w/high traffic, high visibility, close to Wal Mart & Canadian Tire.

Environmental MLS 411044000122400 Assessment Phase 3 available. Ideal location for commercial venture requiring high traffic flow. Full municipal services available. Boundary survey available. 4512_DJW_0043

FA S T F O O D $ 3 2 5 , 9 0 0 1 7 A L B E RT S T. N . , S O U T H A M P T O N

www.chipsahoy.org

Well established, high visibility location on Hwy #21 in Southampton. Turnkey, no franchise fees, no royalties & owner will train.

Well maintained building in excellent condition. Indoor seating for 24, plus outdoor patio with take-out window.

Vendor financing available. Price includes building & chattels.

4512_DJW_1_0404

RESIDENTIAL DEVELOPMENT STEPS TO BEACH $349,900 $599,900 LOT 20, CONCESSION MORPETH & GROSVENOR 20, SAUBLE BEACH Zoned R3 - Residential Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble MLS 410254000800500 development. A total of 95 acres; 22 acres had subdivision draft plan with 20 lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone.

4512_DJW_2_0002

Development 0.98 acre, ideally suited for town homes or semi’s. Located in the heart of MLS 2011127129 Southampton just 2 blocks to downtown & sand beaches of Lake Huron.

Level lot & survey available. Municipal easement to the East side of the lot.

4512_DJW_1_0402

Please say you saw it in The Commercial Investor

Southwest Ontario

talbotrealty.com 62 A Elgin Ave. East, Goderich, ON N7A 1K2

18 inthenews

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Building awards recognize Toronto’s best

I

n study after study, when it comes to doing business, branding, reputation, and even friendliness, our

country ranks among the best in the world. As Torontonians,

we should be proud of the contribution our city makes to Canada’s world standing.

One key element that fosters our outstanding international reputation is development, and to recognize some of Toronto’s foremost commercial buildings, Greater Toronto Realtors hosted a Commercial Building Awards Presentation and Reception on November 21st at the Toronto Real Estate Board.

During the first half of this year Realtors, developers, and architects were invited to nominate various types of projects located in the GTA, including green, industrial, commercial office, commercial residential, multi-residential and/or institutional, with one new and one retrofit building selected to receive an award.

A panel of judges comprised of professional engineer Mitch Gascoyne, Realtor Phil Nanavati and professional quantity surveyor Paul Westbrook evaluated projects, which were completed between January 2009 and November 2011. The projects were evaluated based on various criteria, such as sensitivity to the environment, design and innovation, and success in answering a specific developmental need in the community.

The winners were as follows: Habitat for Humanity Toronto in the new building category and Birchstone Centre in the retrofit class.

Habitat for Humanity Toronto, located at 155 Bermondsey Road, took top marks for its innovative approach to serving a number of different functions and its environmentally sustainable design. The new facility includes the organization’s Home Building Factory, training facility, ReStore East York and administrative office all under one roof. It is also LEED Silver Certified, meaning it meets stringent standards in building environmental sustainability.

Birchstone Centre, located from 3571 to 3609 Sheppard Avenue East, stood out because of the energy-efficient materials used in its renovation and its ability to eliminate waste by re-using the existing building shell. In addition to its energy efficient enhancements, the design improved functionality by adding an elevator to service medical and dental offices and was beautified by adding three glass feature towers to break up its former strip mall appearance.

Since each of the buildings nominated contributed to making Toronto a more attractive, environmentally sustainable city they also merit recognition. They are: Yorkdale Centre, Tyler Mews, Cushman and Wakefield Toronto East, CSREFI Canada Leaseholds Incorporated and Liberty Plaza.

Local historian Mike Filey served as the event’s keynote speaker. A noted author, tour guide and radio host, Mr. Filey offered unique insights into Toronto’s past.

The success of this event would not have been possible without the commitment of Realtors who volunteered their time to help organize it. Many also contribute to a better Toronto by volunteering their time to support various efforts in communities throughout the GTA. Nominations for the Second Annual Commercial Building Awards will be sought in 2013, with a reception and presentations to be held in winter 2014.

If you know of a building that you believe merits recognition, I encourage you to share your thoughts with a Greater Toronto Realtor.

For the latest information on Toronto’s real estate market visit TorontoRealEstateBoard.com

Please say you saw it in The Commercial Investor

19

Commercial Real Estate & Business Opportunities

BROKER

REAL ESTATE BROKERAGE TWIN CITY (BRANTFORD) INC.

519-756-8111

BUSINESS OPPORTUNITY

0513_DJW_1_0006

INVESTMENT OPPORTUNITY

Well maintained multi unit industrial plaza located backing onto Hwy 403 in Brantford. Fully tenanted occupied, 41,792 sq. ft. with additional land to double the leasable area. Net income $159,733.00. Price $1,995,000. 8% Cap Rate. Call Ted for details.

AFFORDABLE RENT

Modern 24 clear industrial building located next to Hwy 403 in Brantford. 47,000 sq. ft. Affordable $2.95 net year one lease rate. Low TMI’s $2.09. 4 docks 2 drive in.

Plastic grade sprinklers, 2000 amp.

0513_DJW_1_0009

Well established National Restaurant franchise with a great reputation for quality food and service. Restaurant is located on busy commercial corridor just south of HWY 403 in Brantford.

Pad site restaurant fully operational with great staff and support systems plus a long term lease. Contact Ed for complete details on this excellent business opportunity.

PROFESSIONAL OFFICE BUILDING

NEWER INDUSTRIAL BUILDING

Modern freestanding clear span industrial building 8400 sq. ft. backing on to Hwy 403. 600 volt power, floor drains, drive in doors, finished office, precast mezzanine, easy access. Sale $695,000. Lease $4.50 net.

BROKER

info@brantfordcommercial.com “Brantford’s Commercial Experts”

0513_DJW_1_0005

0513_DJW_1_0004

515 PARK ROAD NORTH, BRANTFORD ON N3R 7K8

Ed Doucet 9995431_0513

Ted Ward-Griffin

High Profile Location - Totally renovated free standing professional building with high profile exposure corner location, private parking lot with room for eleven vehicles, excellent store front and signage. Total of 2200 sq.ft. on ground floor plus 800 sq.ft. basement level with staff lounge.

0513_DJW_0034

Popular National Franchised Restaurant available for Sale.

Net Income $150,000.00 Price $750,000.00.

Call Ted for more information.

11239820_0513

Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated

19 Albert St. S, Southampton 519-797-1007 | 1-888-727-1007

Brian Shular

Doug Freiburger

Deb Shelley

Broker of Record

Sales Representative

Sales Representative

LISTED

JUST LISTED 154 HIGH ST., SOUTHAMPTON t Prime Downtown Location t Long Term Main Floor Tenant t Two Upper Rental Apartments

0513_DJW_1_0080

0513_DJW_0042

608 GODERICH ST., PORT ELGIN t Newly renovated modern restaurant t Fully finished 2 storey t Upper patio, great opportunity. t Well located in a high traffic area

$413,000 JUST LISTED

RARE OPPORTUNITY

290 NORTH RANKIN ST., SOUTHAMPTON t Many possibilities uses, Spa, Motel, Restaurant t Previously a Chiropractic Office t 8 bedrooms, 2.3 acres

$679,000

$529,900

0513_DJW_0043

$699,000

121 SOUTH RANKIN ST., SOUTHAMPTON t Waterfront Campground t 18 Trailer Sites, House & 2 Cottages t 1.23 acres of Prime Waterfront.

0513_DJW_0044

Please say you saw it in The Commercial Investor

GREAT BUSINESS OPPORTUNITY 332 MILL ST., PORT ELGIN t 3 Bedroom/1.5 Bath House t 3 Separate 2 Bedroom Rental Cottages t Located Directly up from the Beach

$374,900

0513_DJW_1_0083

Southwest Ontario

Volume 13 Issue 02

20

Commercial Real Estate & Business Opportunities

George Gicopoulos

Volume 13 Issue 02

Sales Representative

Royal LePage Triland Realty, Brokerage*

0513_DJW_1_0151

Ideal situation here for Restaurateur. Main floor fully equipped and ready to go. Recently renovated restaurant w/two apartments above in the middle of Ingersoll. For Sale or Lease.

0513_DJW_0025

BBQ SPECIALTY RESTAURANT - $425,000 Great business establised for many years in the heart of Kitchener Sportsworld. 3500 sq. ft. Free standing building with plenty of paved parking. Long term lease contains option on property. Call George for details.

0513_DJW_0026

K-W GEM RESTAURANT/LOUNGE/BILLIARDS $750,000

moneysmarts

O

8155109_0513

WOODSTOCK PROPERTY FOR SALE OR LEASE - $1,200,000

LONDON RESTAURANT BUSINESS - $495,000

Great business and unbelievable profits. A-1 condition with favourable long term lease. 5,000 sq. ft. pub/billiards restaurant with 5,000 sq. ft. banquet hall in lower level.

Call George for complete details.

*Independently Owned and Operated

0513_DJW_0027

Very popular Restaurant with locals and travelers alike. Offering Southern United States smoked specialties in a "Contemporary Lodge Setting" with over 225 seats inside plus 80 seats on the patio. Good condition and profitable operation. Call George for details.

Approx 10,000 sq. ft. on main floor + approx 2,000 sq. ft on second floor. Free-standing building previously used as Restaurant/Bar/ Banquet Hall with most equipment in place. Over 80 parking spaces located next to Walmart, Canadian Tire, Home Depot and many other retailers of a Power Centre. Presently closed. Owner will consider leasing with option to buy. Change of use to office, retail, medical etc. possible. Call George for details.

0513_DJW_0028

COMMERCIAL RESIDENTIAL WITH FULLY EQUIPPED RESTAURANT

0513_DJW_2_0038

Southwest Ontario

Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com

FISH AND CHIPS RESTAURANT W/ PROPERTY - $495,000

Fish & Chips Restaurant with property that includes 2 buildings with 5 self contained apartments plus Restaurant. Closed Sundays. Business operated successfully in this location for over 40 years. 7 a.m. to 7 p.m. Closed Sunday's and holidays. V.T.B. possible.

Call George for details.

Invest in what you know

nline investors may not necessarily relate to the thousands of companies that are listed on stock exchanges, so the choice

of an investment can be a challenge. The number of companies alone can make it difficult to make a

selection.

“Investing in what you know is one solution,”says Michael MacDonald, vice-president of strategy at RBC Direct Investing.“When we asked investors to think about companies relating to their lifestyles and interests, these investors found it easier and engaging to come up with investment ideas. Companies that best related to their lifestyles and interests were a natural fit for potential consideration.”

To make it easier for investors to generate ideas that they can further research, RBC Direct Investing has introduced Lifestyle Screeners developed by Morningstar, a leading independent investment research firm. This is a unique approach to filtering stocks that allows identification of

publicly-traded companies relating to their lifestyles and interests, with “themes” such as passion for food, sport and fitness, travel and leisure, fashion, health and home, technology and gadgets, movies and gaming, and music.

So if you are a new investor and don’t know where to start, lifestyle screeners can help generate ideas. You can browse through Morningstar’s hand picked list of stocks that relate to your interests and then use their analyst research to help you make an informed investment decision.

More information on self-directed investments can be found online at www.rbcdirectinvesting.com.

RBC is a member of the Canadian Investor Protection Fund.

Please say you saw it in The Commercial Investor

NC

Volume 13 Issue 02

21

Southwest Ontario

Commercial Real Estate & Business Opportunities

Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

416.784.5060 1.877.269.8257

FOR ADVERTISING CALL TOLL FREE

8482430_0213

519.797.5500 Cell. 519.374.4448

Harold Fenlon

Bus.

Southampton

Broker

MULTIPLE LISTING SERVICE

email: h f e n l o n @ b m t s . c o m

McIntee’s Top Salesperson

00

2004, 2005, 2006, 2007, 2009, 2010 & 2011

$1 ,

$5

40

99

0,

,9

00

0

8297239_0513

www.haroldfenlon.ca

http://myhomes.360photo.ca/7281

GREAT SUMMER COTTAGES Summer breeze cottages, exceptionally well maintained business in fantastic location & minutes to prime sand beach. Consists of winterized 1-3 B.R. home; presently rented year round, 1-3 B.R., 4-2 B.R. & 2 -1 B.R. cottages. (www.southbruce.com/summerbreeze) 90% rented for this summer season.

4912_DJW_1_0036

$5

99

,9

00

http://myhomes.360photo.ca/7538

http://myhomes.360photo.ca/5520

9 HOLE GOLF COURSE Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom, 4 year old house. Strategically located to enjoy the view of golf course and pond. 3 additional buildings used to storage golf equipment, carts & repair shop. There are 2 wells on the property.

4912_DJW_2_0032 4912_DJW_1_0033 4912_DJW_1_0034 4912_DJW_1_0035

THE MAPLES’ COTTAGES Well maintained business close to beach. ‘THE MAPLES’ consists of 7 - 2 bedroom units, 1 - 3 bedroom unit recently built & a 3+ bedroom residence.

All buildings are in excellent repair. All units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units.

4912_DJW_0042

Please say you saw it in The Commercial Investor

22

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON COVERING: "ODBTUFS t $BMFEPOJB t $BZVHB t %VOEBT t %VOOWJMMF t (SJNTCZ t )BNJMUPO t )BMEJNBOE t 4UPOFZ $SFFL For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 13 Issue 02

23

Commercial Real Estate & Business Opportunities

BIG OR SMALL,

AL’S SYSTEM SELLS THEM ALL!

“DONALD TRUMP SAYS GOOD RETURN”

8143528_0513

2 commercial retail stores. 1 vacant for personal use or was rented for $900/mth. Both retail stores have kitch & 4 pc bath.

2 residential units rented. Corner exposure. Gross income $39,000.

11.7% return on your investment.

905-570-9997

229,997

$

OR BEST OFFER 0213_DJW_2_0028

LOOKING FOR SPECIAL PRICE? CALL NOW

SOLD

Was Gas Station/Variety/ Service Station.

Now abandoned. Sold as is. Seller bought in 1988 for $485,000.

Near New Central Mall & up coming GO Train area.

249,997 OR

$

BEST OFFER

Excellent Investment. Corner site - Live theatre seats 390 people, 4 residential unit - 5 Commercial retail. Low taxes $6,093. 10 City exemptions.

Shopping district gross income $86,870.80 approx.

1,249,997

$

0213_DJW_1_0017

OR VIP BUYERS PROGRAM

STONEY CREEK “OPPORTUNITY KNOCKS”

SO WE LD B SE IG LL OR TH SM EM A AL LL, L

EAST HAMILTON “OPPORTUNITY TO BUILD”

SOLD

Vacant Residential Building lot 25’ x 100’.

Perfect for small builder or building for your personal use - services are available. Convenient location easy access to everything. Curious?

29,997

$

Newly renovated 1 3/4 stry. Zoned residential taxes. Huge 60’x287’ lot. Lots of potential optionsunder M3 industrial.

Prestige business park area. 1 1/2 car garage. Newly asphalted.

OR MAKE AN OFFER 0213_DJW_1_0128

$

OR TRADE*

0213_DJW_1_0454

EAST MOUNTAIN “HAIR/BARBER SHOP FOR SALE”

0213_DJW_1_0073

CENTRAL EAST MOUNTAIN

219,997

Used as metal fabrication or other uses.

Relocated or get self employed. Approx. 2400 sq ft + 1000 sq ft loft/office/lunch room. 200 amp service. 18 ft ceilings. 12 x 14 bay door.

Great exposure. Curious?

Well established over 55 yrs. Hair Salon + Barber Shop business. Established clientelle.

Store front approx 714 sq. ft. 5 station, 2 sinks, 1 barber chair & more. Hair products for sale.

Business owner retiring.

0213_DJW_2_0074

SOLD

359,997

0213_DJW_1_0032

BEST OFFER

EAST HAMILTON (ROSEDALE AREA) “WHATS UP”?

$

OR MAKE AN OFFER

45,997 OR

$

SO WE LD B SE IG LL OR TH SM EM A AL LL, L

SO WE LD B SE IG LL OR TH SM EM A AL LL, L

EAST HAMILTON LOOKING FOR A CHALLENGE?

CENTRAL HAMILTON “INDUSTRIAL ALL POSSIBLE”

Res/Commercial retail. Seperate entrance. Lots of parking. 2 driveways. Renovated plus. 2 hydro meters. Retail used Hair Salon or other uses. Upper 2 lvl 2 bdrms. Unit rented $800/ mth plus hydro. Will stay or vacate curious.

275,997

$

OR TRADE*/ CASH*

0213_DJW_1_0436

550 Fennell Ave. E. Suite 221A, Hamilton, ON L8V 4S9 Near Upper Wentworth & Fennell Plaza (905) 575-2840 *Some conditions apply Scan QR Code for Smart Phones & Blackberry Users. Quick Easy access to Al’s Listings.

Please say you saw it in The Commercial Investor

Hamilton

AL COSENTINO’s COMMERCIAL - INVESTMENTS Best s t n e OPPORTUNITIES FOR EVERY INVESTOR’S DREAMS Investm AL CAN MAKE IT HAPPEN!! to Buy LOOKING FOR EMPLOYMENT & RETURN ACT NOW!!!

Now!

24

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities Visit my website

276 Main St. W. Hamilton, Ontario

Augie Ammendolia

(just West of Queen St.) L8P 1J8 Cell:

905-518-6713

Office:

BROKER

905-522-6001

HAMILTON CENTRE 9 UNITS

$697,900

HAMILTON CENTRE 5 APT. UNITS

HAMILTON CENTRE TRIPLEX

$269,900

0513_DJW_1_0106

$895,000

0513_DJW_1_0105

$549,900

Great opportunity for owneruser. Split professional office and variety of commercial uses. Previous location of BRASS HERITAGE. Home accessories business. Owner occupies 2nd flr and tenant on 1st flr plus finished basement space of 630 sq ft ideal for meeting assembly. On-site parking. Many improvements.

High visibility. 4,832 SF total space plus basement. Property 0513_DJW_1_4445 is also for lease.

HAMILTON CENTRE TRIPLEX

Great location. 12,000 SF - 5 commercial units at ground floor and 8 apartment units above. Ample parking.

Lot size: 107.3 x 158 ft.

Possible land assembly with adjacent properties presently for sale.

0513_DJW_1_0458

ANCASTER INDUSTRIAL UNIT

MAIN ST. OFFICE BLDG.

$289,900 Stately triplex to be severed from 549 Main St. E. Close to downtown large well-appointed apartments on 1st and 2nd floor. Possible professional use, high visibility, parking at rear with 4 garage. Lot Size: 33’ x 137’ Irregular

HAMILTON CENTRE 3 STORES/3 APTS

Also available for lease at $6.50/ SF plus TMI. Upscale Ancaster Industrial condo with prestige industrial zoning, your chance to own a location in Ancaster business park. Unique busy commercial/prestige industrial zoning covers various uses over 1700 sq. ft. Ground floor plus mezzanine. Run your own business in elite location with easy access to 403/QEW to go 0513_DJW_1_0100 to any direction.

$449,900 Excellent corner building.

Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.

0513_DJW_1_0456

HAMILTON CENTRE - TRIPLEX

0513_DJW_1_0074

$264,900

$239,900 Solid 2 1/2 storey brick used as 4 family home.

3 car garages. Workshop or storage. 200 amp breaker service with wired smoke detector. Close to downtown and bus routes.

3 -1 BR and 1 - 2 BR.

0513_DJW_1_0104

Charming Victorian style home. Close to downtown.

1 and 3 BR units, parking on site. “Close proximity to downtown and International Village.

Possible owner occupied professional use.”

HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.

HAMILTON CENTRE 4 PLEX

Located in trendy South Central near Stinson School Condo Loft development. Close to downtown. Large units plus in unit - washer/ dryer. Rental from 2 garages as well as on-site parking. Large variety of units, 1 to 3 BR units.

9 units + 1 car workshop for further rental income. Large units mostly 2 BR plus DR. Pls. contact Listing Broker for financial information.

Some rents far below market value. Property to be severed from 547 Main St. E. Seller is proceeding with severance application. Lot size: 73.4 x 137.35 Irreg. (Imperial).

0513_DJW_1_0073

$369,900

$169,900 Renovated - 3 family property on major street south of Main St. Separate hydro meters for all units.

Suit possible commercial professional use. Pls. contact Listing Agent for financial information.

0513_DJW_0016

HAMILTON - DOWNTOWN $2,495,000 DEVELOPMENT SITE

CENTRAL MOUNTAIN DEVELOPMENT SITE

Proposed building to be built King St location close to downtown and future LRT route site is whole city block. Current use is commercial building with apartments above. Pls. contact Listing Agent for additional information.

0513_DJW_0017

Please say you saw it in The Commercial Investor

0513_DJW_1_0090

$369,900 Large lot 60 ft. by 290 ft. near Upper James. Suit many home businesses.

Charming home, many upgrades. Euro style kitchen. Hi-eff furnace.

Ceramic & hardwood floors. Detached garage.

Note: Rear of property has development potential, possible rezoning of property for development.

8471320_0513

Hamilton

HAMILTON INCOME PROPERTIES

25

Commercial Real Estate & Business Opportunities

The Shar ma Team STATE REALTY

987 RYMAL ROAD EAST HAMILTON, ON, L8W 3M2

BROKER

www.thesharmateam.ca

O UR C O M

M

FOR OVER 30 YEARS

GEORGE KYPRIANOU SALES REPRESENTATIVE

GREAT SUB SHOP

11271132_0513

COMMERCIAL/RESIDENTIAL HAMILTON EAST

G IN

905-574-4600

905-662-6039 905-574-7441 info@ricksharma.com

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INDEPENDENTLY OWNED AND OPERATED BROKER

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INDEPENDENTLY OWNED & OPERATED

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STATE REALTY BROKERAGE

8646600_0513

NT

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Excellent opportunity for this busy sub shop in a strip plaza. It is a good business for husband and wife team.

Owner is retiring. For more information call George Kypraniou at 905 575 4600.

Excellent business, great reputation for over 27 years. Open 6 days a week.

Good clientele. Liquor licensed for 119 person. For more information call George Kypraniou at 905 574 4600.

0513_DJW_1_0136

GREAT OPPORTUNITY ?

NT

Y

WH

Solid 2 storey building w/amazing corner exposure. Main flr: Office, kitchen, meeting rm, bathrm & workshop. 2nd flr: (Residential) 3 bedrm unit w/side separate entrance.

Generates apprx. $22,800 gross/year. Great opportunity for starting your own business or buy as an investment.

Ample parking, high traffic location. $259,900. H3097754

E YR PA

0513_DJW_2_0037

SPACE FOR LEASE 600 Upper James St. - Office 2 units of 1,200 Sq. Ft and a unit in the basement.

314, 318 Queenston Rd. - 1000 Sq. Ft. retail space 1125 Stonechurch Rd. E. - 3,500 Sq. Ft

Nice clean approx. 1700 sq ft garage, in central downtown east-end location.

Close to Hwys. Overhead crane. Zoned “JJ” industrial. For more information call Tony Nigro at 905 574 4600. Asking $179,900.

0513_DJW_0104

1242 Garner Rd. W., Ancaster 650 Sq. Ft. Retail space.

Landlord willing to divide.

For more information call George Kypraniou at 905 574-4600

0513_DJW_0106

BROKERAGE LOCKE STREET LOCATION!

LOWER LEVEL OFFICE SPACE

$17.50/SQ. FT.

High traffic James Street location close to “GO” station, courthouse & St. Joseph’s Health Care, public transportation, shopping, entertainment & restaurants.

Gracious Century stone building in the heart of downtown Hamilton.

Contact Larry Szpirglas, Broker/ Manager at 905-648-6800 or email szpirglas@judymarsales.com 0513_DJW_3_0025

Prime retail and commercial space available in renovated 2.5 storey building. New windows, HVAC, roofing, high ceilings & loads of natural light. 2nd & 3rd floor unit vacant at $2,200 per month. Separate entrance, onsite parking. Perfect for professional offices. Please call Larry Szpirglas, Broker/ Manager at 905-648-6800 or email $2,200 PER MONTH szpirglas@judymarsales.com 0513_DJW_1_0026

HISTORIC PROPERTY

PRIME EAST MOUNTAIN! 1800 sq ft condo office/warehouse w/ rear loading; close to Linc & #403, public transit. In excellent shape & currently used as professional offices. Offices plus board room adaptable to many uses. Zoned M4; light manufacturing, industrial, distributing & warehousing. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or $226,900 email szpirglas@judymarsales.com

0513_DJW_0079

$350,000

Well maintained professional space currently used as legal offices. Modernized heating/cooling, plumbing & electrical. Many original architectural features; stained glass in front window, oak staircase, 2 fireplaces, 9” baseboards, high ceilings. Zoned H. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com 0513_DJW_0080

Larry Szpirglas Broker/Manager szpirglas@judymarsales.com

©1988

8310857_0513

Please say you saw it in The Commercial Investor

Hamilton

Volume 13 Issue 02

26 inthenews

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Canadian CEOs Talk Responsible Business with The Prince of Wales

Canadian CEOs meet with HRH The Prince of Wales in the Royal Dining Room at Clarence House.

(CNW Group/Prince’s Charities Canada)

A

delegation of 12 Canadian CEOs recently met with H.R.H. The Prince of Wales to discuss their plans to advance the cause of socially responsible business in Canada.

“Business has a role to play in addressing social issues,” said the group’s leader Pavi Binning, president of George Weston Ltd. “We want to bring about systemic change and believe learning from the Prince’s decades of experience in this area is the best place to start”. Other companies represented include RBC, Daniels Corporation, Xerox Canada, Borden Ladner Gervais and Ground Effects Environmental Services.

The CEOs are all involved in The Prince’s Seeing is Believing initiative, an experiential program for senior business leaders created by His Royal Highness to close the gap between the boardroom and the community. C-suite executives take a day

out of their offices and gain a new perspective on social issues. They are then challenged to use their positions, contacts and resources to tackle the issue in a systemic fashion. After 20 years running in the United Kingdom, the program has come to Canada where it is currently focused on issues affecting disadvantaged young people and delivered by The Wellesley Institute.

“CEOs solve problems for a living” said Amanda Sherrington, President of Prince’s Charities Canada. “With PSiB we challenge leaders to put those skills to work for their communities. The goal is to see both the companies and the communities they serve transformed for the better”.

The group’s visit began on Monday meeting with The Prince’s Business in the Community (BitC), a business-led charity focused on promoting socially responsible business practices. BitC is also responsible for delivering the Seeing is Believing Program in the United Kingdom.

In the State Apartments at St. James’s Palace today the Canadians heard from the experiences of UK CEOs who’ve participated in PSiB before moving into a private audience with The Prince of Wales. During the meeting, the group discussed the achievements of BitC as well as The Prince’s recent visit to Canada where he met with PSiB participants at the Yonge St. Mission in Toronto.

During the meeting, the CEOs each made commitments to The Prince to recruit business leaders from across the country to build a network of those committed to socially responsible business.

“We’ve started something powerful here”, observed Mr. Binning. “Now the real work begins”.

Please say you saw it in The Commercial Investor

SOURCE: Prince’s Charities Canada

Volume 13 Issue 02

27

Commercial Real Estate & Business Opportunities

COMMERCIAL/INVESTMENT POTENTIAL IN JARVIS Rare .79 ac plan of subdivision approved parcel of developed land.

All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/ flr. Outside pkg for 38 vehicles.

Buyer resp for all charges/permits/ due diligence pertaining to future use. Survey avail.

0213_DJW_4_0082

Plan of subdivision approved .84ac parcel of comm zoned land allows for the const of approx 8500 sqft comm strip mall. Perfect for 4x2100 sqft sep units. Inclds 30 outdr pkg spaces. Buyer/ buyer solic to verify and/or respons for future dev charges/levels/bldg permits & due diligences for intended use. Survey available.

0213_DJW_3_0081

P $2 arc 99 el ,0 #2 00

Hamilton

P $3 arc 99 el ,0 #1 00

8171399_0513

RE/MAX Escarpment Realty Inc Brokerage

1066 BROAD STREET E, DUNNVILLE $875,000 3.68 ac multi-func prop in Dunnville’s new desired bus district. well maint’d prop offers 237 ft of frntg on Hwy 3 E. Boasts excellent visual exposure w/high traffic. Inclds 1300 sq ft bldg w/mod showroom, rear offices, 3 baths. Incorporates 3000 sq ft garage & sep autobody shop & lrg paved prkg lot. Buyer to complete due diligence.

0213_DJW_2_0459

231-235 CHESTNUT STREET, DUNNVILLE $249,900

COMMERCIAL STORE FRONT FOR RENT IN DUNNVILLE $750 PER MONTH Large bright commercial storefront in est downtown Dunnville shopping district. Apprx 900 sq ft inc. bathroom, rear entry, oversized street facing display windows. Affordable lease rate-aprx 1600 sq ft basement area avail. Contact LA for inclusions, utility responsibilities & basement rental. 5% rebate if 1 year or more lease.

0213_DJW_0043

Excellent N.O.I. approx $38,400 (projected) inclds 3 2-bdrm units & 1 1-bdrm unit all on UL. Lower level inclds office #1 w/long term tenant approx 1700 sqft, retail # 1 approx 1700 sqft area in process of being rented. Great investment opportunity!

0213_DJW_2_0452

725 MAIN STREET, DUNNVILLE $449,000

2071 MAIN ST S, JARVIS $744,000

Sought after 1 ac comm prop offering excellent visual exposure in developing Dunnville area. Inclds 1990 blt Braemer constr’d 6000 sqft bldg w/ 3600 sqft 6 bay gar w/2 roll-up doors, 2400 sqft mod showrm w/floor-ceiling windows, 3 baths, several offices, n/gas heat, munic wtr, ind septic syst, asphalt lot for 40 vehicles.

0213_DJW_3_0027

Affordable 11 plex investment property on outskirts of Jarvis. Approx. 35-45 mins SW of Hamilton. This well maintained brick bldg inc 11x2 bdrm units w 11 fridges & 11 stoves. Comm laundry rm w new coin op machines ‘09.

3 units in bsmnt, 4 on main lvl & 4 on upr with balconies. Fully rented w super w 12 yr tenure. Allow notice for showings.

0213_DJW_1_0065

204 RAINHAM ROAD, NANTICOKE $105,000 3500 sq ft stl clad warehouse/garage/workshop in Nanticoke-small hamlet near Lake Erie on 1.68 acre lot w huge outdoor storage yard.

The multi-purpose building is in exec cond w conc flrs, 200 amp hydro, wdstove, 200 sq ft office. Buyer to verify zoning permitted uses, availability of n/gas etc. 40-50 mins to Hamilton.

0213_DJW_3_0028

2 MAIN AVENUE W, FISHERVILLE $199,000 Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor.

Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month.

0213_DJW_1_2301

14 ROBINSON STREET, SIMCOE $187,000 Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent.

Parking in the rear produces income as well - great value!

0213_DJW_2_0075

Please say you saw it in The Commercial Investor

442 NEW LAKESHORE ROAD, PORT DOVER $1,195,000 Uncompromised beauty here in Pt Dover - Immaculate 2 acre diverse prop inc 2000 sq ft ranch ext reno’d in 93,4 winterized rental cottages generate good income. 4 tiered terrace/break wall sys ensures erosion protection of 206 ft of shoreline. 3 Eco-flow septic sys, cistern, well c/a in main houses & ‘02 blt Northlander cottage. Awesome opportunity to live and work at the Lake!

0213_DJW_1_0478

28

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

OFFER PRESENTATION ON INVESTMENT PROPERTIES #Z %JOP /JDPTJB #SPLFS 0G 3FDPSE *OWFTUQSP 3FBMUZ BOE "QQSBJTBM -UE #SPLFSBHF So you have decided to buy an investment property.

You have found the property just right for you and are now ready to take the next step. Before you proceed with making the offer, ensure that an experienced realtor or lawyer who is familiar with investment properties represents you.

Hamilton

Consider that when you are buying a home you are basically buying bricks, mortar and land. However, when buying an investment property, you are also buying rental income and you are assuming tenants along with all the tenant rules, regulations and laws that accompany them.

There are also extensive regulations and by-laws such as Fire, Zoning, Health and Safety issues and so on. Your offer must have the appropriate clauses and conditions to address all of the above-mentioned issues.

TENANTS Your offer should request Tenant Acknowledgments on or before closing date, whereby a tenant confirms in writing the following:

ZONING REGULATIONS The offer should request that the Seller provide a copy of a Zoning Certificate which verifies that all units in the property are self contained, legal and meet the zoning bylaws, also confirming that no outstanding work orders exist.

REQUISITIONS The offer should also be conditional upon receiving a copy of the following: r

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4IPVME B UFOBOU SFGVTF UP TJHO UIFO B %FDMBSBUJPO TJHOFE by the Seller would suffice.

EQUIPMENT Other information that the offer must contain is confirmation of all equipment and chattels that belong to the property are included in the purchase price (i.e. lawn equipment, vacuum cleaners, appliances, snow blowers, cleaning and hardware supplies, ladders etc.).

FIRE REGULATIONS 5IF PGGFS TIPVME SFRVJSF UIBU UIF 4FMMFS QSPWJEF B i-FUUFS PG $PNQMJBODFu GSPN UIF 'JSF %FQBSUNFOU DPOĂ SNJOH UIF 'JSF SFUSPĂ U XBT DPNQMFUFE BOE JT JO DPNQMJBODF * BMTP highly recommend that a request is submitted for annual fire inspection certificates from a qualified technician.

8JUI UPEBZ T TUSJDU SVMFT BOE SFHVMBUJPOT TPNF QSPQFSUJFT NBZ not be insurable due to environmental or electrical issues, or the insurance company may charge a premium for certain properties. This justifies the insertion of a clause conditional allowing the buyer to obtain satisfactory insurance.

FINANCING CLAUSE Unlike residential purchases, the conditional period for BSSBOHJOH Ă OBODJOH TIPVME CF FYUFOEFE UP CVTJOFTT EBZT 3FBTPO CFJOH DPNNFSDJBM MFOEFST XJMM MJLFMZ SFRVFTU an appraisal, environmental and structural studies before final BQQSPWBM *G ZPV QMBO UP HP XJUI B $.)$ JOTVSFE NPSUHBHF CF prepared to extend this clause for a much longer period.

Failure to address any of the above matters may result in unnecessary grief, potential lawsuits and possibility of paying too much for the property. /PU BMM JTTVFT BSF DPWFSFE JO UIJT BSUJDMF 'PS NPSF JOGPSNBUJPO on Commercial Offers and related Schedules, contact your FYQFSJFODFE 3FBMUPS PS -BXZFS

Dino Nicosia, #SPLFS PG 3FDPSE 1SFTJEFOU :PVS *OWFTUNFOU 1BSUOFS 'PS -JGF Investpro Realty "QQSBJTBM -UE #SPLFSBHF #SBOU 4USFFU 6OJU #VSMJOHUPO 0/ - 3 ) 1 ] $ ] ' Visit our website: www.investprorealty.com 'PMMPX NF PO 5XJUUFS IUUQ UXJUUFS DPN %JOP/JDPTJB Please say you saw it in The Commercial Investor

8171452_0513

29

Commercial Real Estate & Business Opportunities 9558936_0513

Brokerage The Apartment Building Specialists

Dino Nicosia, Broker of Record www.investprorealty.com

PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com

0513_DJW_1_0084

6 UNITS - EAST HAMILTON 0513_DJW_2_0048

COMING SOON 0513_DJW_0071

“Your Investment Partner for Life”

Most apartments are renovated. Spacious units. 8% Cap Rate.

21 UNITS IN DUNDAS

4 UNITS

12 UNITS GREAT CONDITION AND LOCATION

0513_DJW_2_0086

FIN

In the heart of rejuvenated downtown Hamilton...Fully rented and totally renovated.

Great cash flow. A must to view. For more details, visit our website.

12 UNITS

28 UNITS IN GUELPH, ON

Near Centre Mall... Asking $579,000. Good cash flow. Visit our website for details.

For details visit our website.

31 UNITS 0513_DJW_1_0410

0513_DJW_2_0452

(minutes to Mac University)....visit our website for details.

Unique property with separate buildings.

Fully rented. For details visit our website.

0513_DJW_1_0453

D

RE RA

0513_DJW_1_0085

12 units. Excellent South Central location, near escarpment.

0513_DJW_1_0471

29 units. London Ontario. Visit our website for details.

Near downtown... 2 buildings must be purchased together. Asking $1,550,000. Visit our website for details.

Thinking of selling? Call the “Investment Property Specialist” Please say you saw it in The Commercial Investor

Hamilton

Volume 13 Issue 02

30

Volume 13 Issue 02

10339498_0513

Commercial Real Estate & Business Opportunities FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

COMMERCIAL

REAL ESTATE SALES AND LEASING SERVICES RETAIL/OFFICE FOR LEASE 0513_DJW_2_0092

0513_DJW_2_0093

0513_DJW_2_0458

RETAIL & OFFICE FOR LEASE

WEST HAMILTON MOUNTAIN

240

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE

REAL ESTATE BROKERAGE RETAIL/OFFICE FOR LEASE

529-5900 X

CENTRAL HAMILTON MOUNTAIN

RETAIL & OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE

RETAIL & OFFICE FOR LEASE

EAST HAMILTON

WEST HAMILTON, NEAR DOWNTOWN CORE

Low rental rates! Attractive neighbourhood retail plaza in the heart of a mixed Density residential area with easy access to the new Red Hill expressway.

Retail units from 1,265 - 2060 sf. Asking $9.95/sf net & finished office units from 800 - 1.560 sf asking $9.95 - $10.95 sf net. Immediate possession, abundant park.

businesssavvy

O

0513_DJW_2_0100

Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Rare vacancy, excellent end cap location and frontage. Ideal for most retail/office uses. Unit sizes from 1,200 to 3,400 sq. ft.

Landlord may assist with improvements. Abundant parking, good access and immediate possession. Economically priced from $12.95-$13.95/sq.ft. net.

0513_DJW_1_0140

An attractive multi-tenant retail plaza located on a major arterial. Close proximity to Limeride Mall and the expressway. Excellent tenant mix with medical, professional office and retail units. Units available: Unit 2 - 2250 sf, previous Physical Therapy use. Ideal for most office/retail uses; Units 6 & 7 - 2,300 sf, divisible, previous medical uses, ideal for same or most other office/retail uses. Abundant parking, immediate possession. Asking $11.49/sf net.

0513_DJW_1_0094

Hamilton

170 SILVERCREEK PARKWAY NORTH, GUELPH

Prime West Mountain location minutes to Ancaster Meadowland’s Big Box District. Available space includes a prominent free standing 20,474 sq. ft. building, previously used as a grocery store, featuring high ceilings, excellent frontage & exposure, dock loading and loads of parking. Also available 8839 sq. ft. divisible to 2000 sf & 6830 sf, ideal for most retail/restaurant/ medical/office uses.

Prime West Hamilton location & excellent signalized corner exposure. Easy access to hwys, downtown, McMaster Univ. & Harbour Front districts.

Previous private school & office use, ideal for same or most other office/ retail uses. Approx. 13,690 sf avail. (Divisible to 7,340 sf grnd flr + 6,350 sf 2nd flr, ground floor units divisable from 1,000 sq. ft). Good parking, economically priced and immediate possession. Call for details.

DUNDAS

Prime plaza location along this busy Governor’s Road/Hwy 99 arterial. Excellent corner exposure to high traffic at signalized intersection. Close proximity to schools & residential areas. Unit 236 - 2620 sq. ft. plus usable basement, previous Variety store use, some improvements in place, ideal for same or most other retail/office uses, Lld may divide. Unit 244 - 1,300 sq ft., unit plus useable basement ideal for retail/office uses.

Good parking. Immed. poss. Priced to least at $10.95 to $11.95/sq. ft. net.

How to build your own small business

wning a small business can be one of the most exciting and rewarding experiences of your professional career.

But becoming your own boss is not for the faint

of heart. Whether you are purchasing an existing business or starting one from scratch, the first few years are the most crucial, requiring solid planning, hard work and unwavering passion for what you do.

TD Canada Trust offers tips to entrepreneurs who are considering starting their own small business: t 4PMJE QMBOOJOH JT OPO OFHPUJBCMF o "T UIF TBZJOH HPFT AGBJM UP QMBO BOE ZPV BSF QMBOOJOH UP GBJM " TUSPOH CVTJOFTT QMBO TIPVME DMFBSMZ BOE DPODJTFMZ PVUMJOF ZPVS MPOH BOE TIPSU UFSN HPBMT BOE IPX ZPV SF HPJOH UP HFU UIFSF .BLF TVSF ZPVS QMBO JODMVEFT B TUSBUFHZ GPS UIF NBSLFUJOH PQFSBUJPOT

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Please say you saw it in The Commercial Investor

/$

Volume 13 Issue 02

31

Commercial Real Estate & Business Opportunities

ATTENTION INVESTORS! Richmond Advisory Services offers Property Management for Rental Apartment Buildings and Commercial properties

Our Focus: 11270996_0513

t Maximize Gross Income t Minimize Operating Expenses t Reduce Vacancies

Hamilton

t Increasing the property Net Operating Income Investors, enjoy the rewards and profits from your investment properties without the time consuming responsibilities that go with property ownership

Servicing Hamilton and surrounding areas

RAS RICHMOND ADVISORY SERVICES

Please Contact: Lijoy Ulahannan, Vice Pesident, Real Estate Services Richmond Advisory Services Inc.

D: (647) 547-2122 EXT.119 Toll Free: 1-855-547-2122 EXT. 119 lulahannan@richmondrealtygroup.ca

11269746_0513

Adela Carina Sales Representative

Escarpment Realty Inc., Brokerage Independently owned and operated

Ph: 905-575-5478

Fax: 905-575-7217 |} adelacarina@remaxescarpment.com

CALL FOR A COMPLIMENTARY MARKET ANALYSIS $1,990,000

0513_DJW_0062

Amazing solid 8 unit with great development potential and location. Possible severance with city approval of empty lot next door (used as parking for 16 cars). 1800 sq ft garage/warehouse currently rented. Many recent renos including boiler updated, furnace updated, some updated windows, roof 2007. Very large units with main floor 18’ ceilings, 7 2-bd, 1 3-bd, great cap rate over 7%. Presently fully rented, no vacancy.

There is a waiting list for this property; gross approx. 92K, net approx 66K. Call for more details (24 hrs notice). 0513_DJW_1_0046

38 unit building. Completely renovated from top to bottom.

New full electrical, new full plumbing, all drywall is antimold, all new venting for each unit, all new baseboard heaters, all new kitchens, new roof, new doors, new locks, new paint and flooring, new carpets, new commercial water heaters, all inspections just passed (fire, health and property standards) high demand units.

Renovated 9 unit brick building in the heart of Central Hamilton consisting of 4 1-bdr & 5 bachelor units. Refaced stucco front, roof reshingled in 2007.

Newer rebuilt furnace, new fire escape in the back, electrical panels all updated to 100 amp. Landlord pays all utilities but has separate hydro meters so change can be made.

Basement has huge potential for rental conversion. A must see!!!

0513_DJW_1_0045

0513_DJW_2_0047

Great investment with this 35 suite building. Over 8% cap rate.

THIS IS A GREAT MONEY MAKER 8.9% CAP RATE

Please say you saw it in The Commercial Investor

32

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Hamilton 9866957_0513

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

GREATER TORONTO AREA COVERING: "KBY t "MMJTUPO t #PXNBOWJMMF t #SBEGPSE t #PMUPO t #VSMJOHUPO t #SBNQUPO t $PODPSE t %VSIBN 3FHJPO t &UPCJDPLF t (FPSHFUPXO t (FPSHJOB t ,FTXJDL t .BSLIBN t .JMUPO t .JTTJTTBVHB t /FXNBSLFU t /PSUI :PSL t 0BLWJMMF t 0TIBXB t 1JDLFSJOH t 3JDINPOE )JMM t 4DBSCPSPVHI t 4DIPNCFSH t 4VUUPO t 5PSPOUP t 5PUUFOIBN t 5IPSOIJMM 7BVHIBO t 8IJUCZ t 8PPECSJEHF

For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

33

34

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

10527900_0513

(905) 619-9500 TOR. LINE: 416-798-7278 email: morrisonb@sutton.com

GROUP

速

HERITAGE REALTY INC. BROKERAGE

Platinum award winner

SELLING REAL ESTATE FOR OVER 23 YEARS

AJAX

Retail/office free standing building. Current gross approx $270,000.

Established group of core tenants with long leases. 75+ parking spots. Recent updates, just minutes to Hwy ASKING 401.

$2,795,000

WHITBY

AJAX

ASKING

$359,900

0513_DJW_4_0100

Greater Toronto Area

Office building on Brock Street with 11 car parking lot. Great for lawyer, professional use or investor. Just listed. $1,000,000.

BARRIE

ASKING

$1,000,000

TORONTO

ASKING

TORONTO

ASKING

TORONTO

ASKING

TORONTO

ASKING

$685,000

Great investment. 7% CAP mixed use building. 10 - 2 bdrm, 2 - 1 bedrm & 5 retail units.

Commercial tenants.

Triple net leases. Residents pay own heat & hydro. Net $147,000.

0513_DJW_1_0116

Fantastic investment opportunity. 3 storey corner building near Danforth & Woodbine.

Many upgrades. Zoning allows residential conversion on the 2 top floors only.

$1,490,000

0513_DJW_1_0101

Investment fully tenanted building. 1 store & 2 apartments with 2 bedrooms. Each with parking at rear. Lots of upgrades. On busy Eglinton Ave.

0513_DJW_4_0106

$2,150,000

0513_DJW_2_0103

Updated & improved apartment building. 1 units. Most have been renovated. Great investment.

$1,495,000

Priced to sell! Commercial/ Residential freestanding building with 3 owned parking. Full rented.

In a great area. Great investment.

0513_DJW_2_0108

Attention Investors!

Corner Commercial/ residential building. 1 store & 6 apts. on the Danforth. Close to subway.

ASKING

0513_DJW_0103

$1,300,000

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS, BUYERS ARE WAITING, CALL BILL MORRISON TO SELL YOURS! FREE CONSULTATION Call Bill (905) 619-9500 Please say you saw it in The Commercial Investor

0513_DJW_1_0102

35

Commercial Real Estate & Business Opportunities

DRIVING RANGE

ASKING $2,500,000

Have a money maker, “cash cow” in the making. Zoned and site planned approved for driving range, mini golf, 2400 sq. ft. Restaurant and a gorgeous open concept 3500 sq. ft. bungalow. All on 41 acres. On busy road next to future Hwy 407 ramp.

0213_DJW_2_0034

AJAX

ASKING $1,850,000

Great head office property with excellent exposure to Hwy 401.

Approx. 8000 sq ft of office space with 24,500 sq ft of manufacturing or warehouse space. On 1 1/2 acres. There also is 1.25 acres of vacant lot next door available for $395,000.

0213_DJW_0097

AJAX High exposure locations facing Hwy 401 and short walk to GO station at Westney Rd. Corner property.

Prestigious zoning on 1.81 acres. 38,400 sq ft of manufacturing and office space. Fully fenced.

ASKING $2,900,000

0213_DJW_0098

CALL BILL MORRISON TO SELL YOURS! (905) 619-9500 Please say you saw it in The Commercial Investor

8177227_0513

Greater Toronto Area

Volume 13 Issue 02

36

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Greater Toronto Area 8647857_0513

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

37

COMMERCIAL BLDG ON KEELE ST

283 FRONTAGE ON YONGE ST.

11267153_0513

Commercial Real Estate & Business Opportunities

TORONTO

BRADFORD

100 x 25 ft. lot with 7200 sq. ft. Building producing $90,000 gross income. Annual taxes $17,464, tenant pays there own utilities. There is a total of 3 units occupied by 2 tenants. Rear 2 units are truck auto repair with long lease, front unit is a 3 bay Auto mechanic & repair shop can be taken over by building buyer. Seller VTB available. Great investment also potential for future-development. Located in Toronto.

Call Tom Today. $999,000

IncomePropertyForSale.ca

ASKING $1,750,000

121BridgeStreet.com

AUTOMOTIVE REPAIR

RESTAURANT/BAR 90 SEATS LLBO

Upscale restaurants FOR SALE: one with 90 seats and over 4000 sq feet in a busy Mall in Mississauga Ontario, with exterior access and liquor licensed patio with wrought iron and 40 seats.

The other restaurant has 125 seats plus 25 patio, with an amazing 6180 sq feet with an amazing Annual Sales increase month over month. This business features an all day breakfast, also a full menu, and is famous for the selection of crepes and deserts. The concept has won franchise of the year award from the CRA 2012 Franchisees’ Choice Award Winner, presented by the Canadian Franchise Association. This operation requires an operator who is hands on, and also has a good command of management with a staff of 22-25 personnel.

ASKING $699,000

Upgraded Equipment, Newer Scissors Lift With Alignment, Above

SymposiumForSale.ca

KeeleAutoRepairForSale.ca

PANAGIO’S BREAKFAST & LUNCH

BAKERS DOZEN

Established Profitable Business For Over 35 Years. Please Be Dis creet, Owner Retiring And Will Provide Full Training To New Buyers, Avg Sales $350-$400K Per Annum, New Lease to buyer, $2800/Mo + Hst +$500 TMI. Long Lease terms available. All Newer And

Ground Hoist And A Drive Clean Accreditation And Equipment. Ser

-

vicing Luxury Clients, Equipped With Oem Mercedes Scanner, Honda Scanner, Bmw, Also Universal Scanner. Retirement sale.

ASKING $99,000

BUSY HWY 7 AUTO REPAIR SHOP

WOODSTOCK ONTARIO Free standing building 2090 sq ft on a very busy corner location.

This business has a total staff of 8 and is open only until 3 pm daily.

Easy one shift operation, enjoy family life and be home by 3:30 pm daily. The new buyer will receive 3 weeks of training included in the sale of the business. Great sub lease terms for buyer.

Please do not walk in and disturb all staff. Please do not ask if this business is for sale. All inquiries will remain confidential.

Several locations under way in GTA.

Asking Price $249,000

BaconEggs.ca

Located at Norwich Ave & 401, this business has been established over 25 years serving coffee to the Woodstock area. This Location has a busy DRIVE-THRU and averages $35K monthly sales. The Monthly rent is $5000 incl. HST. The buyer must perform a renovation within 6 months of purchase approximately $70K.

Asking $149,000 TURN KEY

BakersDozenForSale.ca

2010 2011 CENTURY 21 HERITAGE GROUP LTD., BROKERAGE*

11160 Yonge St. Richmond Hill *Each offie is independently owned and operated *Not Intended to solicitor properties currently listed

Here is a Tire & Auto Shop located on busy Hwy 7 in Woodbridge.

Specializing in customizing wheels, tires, L.E.D. shocks, lowering, and full service to customers and fl eet as well. Large showroom with plenty of offi ces and storage areas. This Shop is 8 bays and Equipped with, New A/c, Nitrogen air, new alignment, new scanners, so much more. Sales over $700k per annum. Inventory

extra $60k. Training for the right person provided.

$319,000

MORE AVAILABLE, CALL TOM THE AUTO KING

TorontoBusinessForSale.ca

Tom Tsambourlianos SALES REPRESENTATIVE

TORONTOBUSINESSFORSALE.CA CALL TOM DIRECT 416-520-3601 2009

Please say you saw it in The Commercial Investor

Greater Toronto Area

26,000 sq ft building, minutes north of Newmarket on Yonge Street with 10 units, some vacancies, potential income $170,000, priced below market value. Needs TLC. Open to reasonable offers and seller will consider VTB.

38

Volume 13 Issue 02

8629802_0513

Commercial Real Estate & Business Opportunities

Gyanesh Paliwal

An Independent Member Brokerage

Gpaliwal@trebnet.com RealValueHome.com

416-823-1248

Gurdeep Sandhu

Realty Specialists Inc. Brokerage

6850 Millcreek Drive Mississauga, ON L5N 4J9 OfďŹ ce: 905-858-3434

gssandhu@rogers.com gurdeepsandhu.com

647-262-9091 Kitchen Cabinetry Business For Sale Asking $149,900 Fully equipped Cabinet Manufacturing Business for sale.

Over 250K spent to set up the shop at 5800 sq ft area. New lease at Buyer’s Wish to be provided. Present rent $3547 that included TMI and water. Owner will train new buyer.

0513_DJW_0063

Condo Plaza Finch/400 Asking $879,000

Greater Toronto Area

A great opportunity for User/Investor. Total 6 bays converted presently to 4 Bay unit, 3 leased out generating gross income of $73,200/yr approx from three leased units. Buyer can assume profitable autobody business or lease and get more income. Owner retiring. Turn key operation. Automotive equipment available at extra cost ($60,000 negotiable).

0513_DJW_0064

Commercial/Retail/Office Space for Sale : $960,000 3200 sq. ft. retail/commercial/office space right on 3300 Steeles Avenue West in Vaughan, On. In busy plaza located beside McDonalds and Tim Hortons. Lots of parking. Facing Steeles. Great frontage and signage. Back door entry available. Suitable for retail, professional, offices, medical, showroom, etc. Close to Highway 400 and 407. Steps to new Subway Station, York University and minutes from Colossus and Vaughan Mills Shopping Malls. MLS # N2521390. Agents are welcome.

0513_DJW_0065

Esso Gas Station For Sale Niagara Region - Asking $650,000 Great opportunity to be your own boss. Esso Gas Station with convenience store, Lotto/649 with three bedroom house.

Corner property close to Hospital and inside community area. Approx income 90K plus/year after all expenses, fibre glass tanks, 2 pumps.

0513_DJW_0066

Retail /Office Condo For Sale $479,786 1247 Sq Ft. in Vaughan,ON - at Hwy 7 & Weston Road prime location, prestigious Plaza with 18 ft clear height, condo unit -excellent for retail / office or suitable for many other uses. This is the high demand & most growing area of Vaughan. Minutes from Hwy 7, 400, 407, Tim Hortons, Petro Canada, Shopping Centre. New Subway coming in near area. Agents also welcome.

0513_DJW_0067

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

39

Commercial Real Estate & Business Opportunities

Sanjiv Gupta SALES REPRESENTATIVE

Dir.

416.399.1009

®

Century 21 People’s Choice Realty Inc., Brokerage 2 Royal Crest Road, Toronto M9V 2L5 Tel: 416.742.8000 5160 Explorer Drive Unit # 27, Mississauga, ON, L4W 4T7 Tel: 905.206.1900 Fax 905.206.1901

sanjiv@profinsys.ca | www.profinsys.ca

YOUR SEARCH FOR BUSINESS ENDS HERE: LET US HELP YOU ACHIEVE YOUR DREAM BUSINESS AT

‘JUST THE RIGHT PRICE’ SUB FRANCHISE

SUB FRANCHISE

SUB FRANCHISE – Most popular and high volume sales – Sales $440K – Very Low Rent GTA Location – ONLY for Principals with Head Office Approval SUB FRANCHISE – Very low Rent and high sales in outside GTA – Asking Price $580K WILD WING Mississauga – Weekly sales of $12K Rent $6278 PM – Price to Sell $299K WILD WING North of Brampton – Sales $850K, Rent $9K/Mo, 90 Seats well established and great location – Asking Price $429K WILD WING West of Oakville – 2 Months Old, great location w/ high response from community – Sales $72K/Mo – Asking Price $399K

SUB FRANCHISE

SUB FRANCHISE

INVESTMENT PROPERTIES (PRINCIPALS ONLY) Greater Toronto Area

– Anchored Building West of Toronto with lease up to March 2025 - Net income 1.0 Million - Price not disclosed – Plaza with AAA Tenants (Bank, Pharmacy and Food Franchise), 1.3 Acre - Net income 400K - Asking Price 6.5 Million – Plaza with Shoppers Drug Mart - 1.8 Acres with Net income - 320K - Asking Price 4.0 Million – Land for future development - Plan approved for student housing or bring medical building close to hospital - 1.2 Acre - Asking price $1.3 Million

GAS STATIONS PETRO CANADA – Petro Canada East of Toronto Highway Location– Vol 5.0 Million Store – $1.0 Million - Asking Price $2.4 Million – Petro Canada West of Mississauga (HWY 403) Volume 5.0 Million Store Sales $1.0 Million - Asking Price $3.2 Million – Petro Canada Close to Guelph, Volume 5.0 Million with Country Style and rental income and house – Asking Price $2.9 Million – Petro Canada on Highway 401 west of Cambridge - Great location with car wash – Asking Price – $3.0 Million ULTRAMAR – Ultramar - Highway location north of Barrie visible from Highway and high truck traffic – 6 Pumps, Big convenience Store – Brand New – Asking Price $3.0 Million – Ultramar - Brand New Location East of Toronto Highway traffic Projected 7.0 Million with Store Sales of 650K – Asking Price $2.1 Million – Ultramar - Brand New Gas Station with 4 Bay Coin Car Wash - Projected 10 Milion with great income in Barrie - Call for details – Land - approved for branded gas station and retail plaza East of Toronto - Asking price - $4.0 Million – Ultramar - 30 minutes North of Brampton - Brand new to be ready by 2013 - Big lot and surplus land for plaza Asking $Price $2.8 Million – Ultramar - Existing locations with established volume of 8.0 Million and more and high store sales - ask for details Principals Only) ESSO – Esso 3.6 Million Volume with Store Sales $700K – Great Income – Asking Price $1.8 Million PIONEER – Pioneer - Brand new with house and great highway location – Asking Price $3.2 Million – SOLD CONDITIONAL – Pioneer - East of Toronto Brand New Location – Projected Volume 8 Million – Asking Price – $2.2 Million OTHER – Car wash in Barrie with property - net income 120K asking price 1.55 Million

Amortization as high as 25 years Lowest Down Payment required - Gas stations (25%) and others (10%) Quickest approval for every property for qualified buyers Please say you saw it in The Commercial Investor

9373388_0513

BUSINESS LOAN AND COMMERCIAL MORTGAGE INTEREST AS LOW AS PRIME PLUS 1%

40

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

Martha Marton Sales Representative

905.775.5677 x 5319 office

®

Century 21 Heritage Group Ltd. 855.992.SELL (7355) toll free

martha@martha2sell.ca ww w.martha2s ell.c a

11265612_0513

Sales Representative RETAIL FOR LEASE DOWNTOWN BRADFORD

FOR LEASE - BRADFORD 1,400 sq ft office space with hardwood floors, balcony, 4 private offices, kitchenette and main reception/training room. Off street parking & good visibility. $1,600/month includes all utilities except electricity. Please contact Martha Marton, Sales Representative, 855.992.SELL www.martha2sell.ca

1891 sq ft space available in Bradford centre. Suitable for retail or sandwich/pita shop.

Ample parking, outside patio. $1660/mo plus utilities. Please contact Martha Marton, Sales Representative, 855.992.SELL www.martha2sell.ca

0513_DJW_0068

0513_DJW_0069

COMMERCIAL INDUSTRIAL ON HIGHWAY 89

WANT TO OPEN DESTINATION RESTAURANT?

83.44 acres with 2198 feet of frontage on busy Highway 89. Owner financing available.

Commercial Industrial designation - uses include manufacturing, retail, restaurants and sales outlets. Rezoning to commercial/ industrial. Only 1 hour from Toronto. www.7723highway89. info or call to request a marketing package.

Imagine your guests in an inviting, picturesque setting with multiple leaded glass French doors, charming architectural details and fireplace. Invite them to dine outside on one of the decks, or plan a party or retreat in one of your function rooms. Pictures are lovely in your garden with stone walkways and lighting. Ready to go with easy access to Highway 400. www.4240countyrd88.info 0513_DJW_3_0042

Please contact Martha Marton, Sales Representative, 855.992.SELL www.martha2sell.ca

iSPEC

Commercial/Industrial Property Inspections Environmental Phase 1 and 2 Mold / Air Quality Testing / Remediation FIT Solar Design / Approvals / Installations Energy Audit Review Site Plan Permits & Drawings Approvals Structure Design / Inspection Reserve Fund Studies

11265623_0513

in association with Al Inspection Group provides services for the investors:

8147032_0513

Greater Toronto Area

0513_DJW_1_0041

info@a1insectiongroup.com www.a1inspectiongroup.com

Direct: 416-995-4374 / 416-820-8309 Office: 905 - 455 - 0004 EXIT 149 STORAGE - 2492 WEST SERVICE RD., WAUBAUSHENE, ON

1-888-440-4204 www.Exit149storage.com

FOR ALL YOUR NORTHERN STORAGE NEEDS! Please say you saw it in The Commercial Investor

Volume 13 Issue 02

41

Igor Chouminov President, Broker of Record

PAII REALTY INC.

Brokerage

416.877.0326 igor@paiirealty.com INVESTMENT AND DEVELOPMENT REAL ESTATE

INVESTORS WANTED FOR REAL ESTATE PROJECTS!

TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON -20 unit Townhouse Site, 3-storey units of approx. 2,500 sf w/ large backyards.

-Great neighborhood walkings distance to shopping, schools and transport.

Priced at $4,200,000 TOWNHOUSE DEVELOPMENT SITE, TORONTO, ON -Upscale area, high end townhouse units to be developed of approx. 3,500 sf each.

RETAIL PLAZA/CONDO DEVELOPMENT SITE, SCARBOROUGH, ON r 6OEFS TFDPOEBSZ QMBO GPS NJYFE VTF DPOEPNJOJVN EFWFMPQNFOU

-Great opprtunity for Builder to make a name in the luxury real estate

r 3FUBJM 1MB[B DVSSFOU OFU JODPNF year

market.

r (SFBU JOWFTUNFOU %FWFMPQNFOU PQQPSUVOJUZ Priced at $10,500,000 0213_DJW_2_0010

@

Commercial Real Estate & Business Opportunities

Priced at $5,500,000 0213_DJW_2_0011

INDUSTRIAL UNIT FOR SALE, TORONTO, ON r -PDBUFE OFBS ,FFMF 4UFFMFT r "QQSPY TG QMVT NF[[BOJOF TUPSBHF space r ;POJOH . XJMM BMMPX NPTU JOEVTUSJBM VTFT r "VUPNPUJWF SFQBJS BOE TBMFT BMMPXFE.

Priced at $264,900 0213_DJW_3_0012

FINANCING AVAILABLE FOR REAL ESTATE PROJECTS!

ACTIVELY LOOKING FOR: - COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT - RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES

Please say you saw it in The Commercial Investor

Greater Toronto Area

- SITE PLAN APPROVED PROJECTS

42

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

Givalas Real Estate 8973548_0513

Nick Givalas Broker of Record

Ltd.

Brokerage

(905) 479-4436

email: ngivalas@trebnet.com

0513_DJW_2_0021

IDEAL FOR OWNER/USER OR INVESTOR

Freestanding building for sale on Highway 35 as you are coming into Lindsay on the East side.

Former restaurant. Main level approx. 7400 sq. ft. Upper floor has two apartments 1 3-bdrm and 1 2-bdrm for tenant use or sublet to offset expenses. Building is in good shape. Ample paved parking. On 5.5 acres of land.

Highway Commercial zoning permits. Many uses for opening a business.

FOR SALE AT $785,000 Also for lease at $5,500/month net net.

Greater Toronto Area

Y LL D A L N SOITIO CAREFREE INVESTMENT PROPERTY D National Restaurant tenant. Free standing building with Drive thru.

ON

C

One of a kind. Highway exit location. 2 Hours north of Toronto. $121,325. Net income. Price $1,850,000.

COMMERCIAL SPACE FOR LEASE 808 Simcoe St. S., Oshawa 850 sq. ft store + basement. Only $900.00 per month + Hydro. Ideal for starter business or small office.

245 King Street West Oshawa (corner of Park Rd) Stores 2400-4216 sq. ft. in size. Rent from $13-$15 per ft net. Teddy’s Park Plaza.

160 Main St., Unionville Former Hair Salon and Spa 1500 sq. ft. freestanding Building. 28 car parking. Good opportunity.

1111 Dundas St. E., Whitby Former Lick’s Burger. 2600 sq.ft. fully equipped. Free standing building. Landlord may divide space in half. Good restaurant opportunity. $5000 per month net rent.

21 Harwood Ave S., Ajax Corner unit in plaza. Ample parking. 2200 sq ft. Asking $18.00 per sq ft. net.

4865 Sheppard Ave. E., Scarborough Former hair salon. 8600 sq. ft. still fixtured in small plaza. East of McCown Rd. Rent $1,900 per month + utilities.

6523 Kingston Rd., Scarborough Big car lot for lease. $4500 per month net.

Contact Nick Givalas Please say you saw it in The Commercial Investor

Volume 13 Issue 02

43

Commercial Real Estate & Business Opportunities 11256004_0513

DTZ, a UGL company 900-50 Burnhamthorpe Road West, Mississauga, Ontario, L5B 3C2

Tel: 905 848 1215 www.dtz.com BANQUET HALL: FINCH & HWY 400 Convenient Toronto Location: Fully furnished and well maintained facility. 1.36 acre land. Lots of parking. Beautifully finished. 2 separate banquet rooms for 2 separate functions. 2 kitchens & lobby. Elevator to 2nd floor banquet hall. Seat up to 900 people. Property zoned for many uses. Financing available to qualified buyer. Must sell. ASKING PRICE $2,975,000.

0213_DJW_1_0077

AL

ON I T I D N O C D SOL

SOLD NAL IO NDIT

CO

NEW LOCATIONS 1. Highway Location: Brand New Esso with On The Run & Tim Horton’s. Asking price: $3,000,000 2. Hamilton area: 2 million L vol, store: $450,000/yr, carwash: $100,000. Corner lot.

Lots of potential to grow volume & business.

Asking price: $1,100,000

RESTAURANT

GODERICH, ON

VERY BUSY LOCATION EAST OF KINGSTON OFF OF HWY 401

Established gas station with Touchless Car Wash, Convience store & Lotto. Good Volume & Store sales. All FG tanks & lines.

Great for owner operator. Self Serve full canopy. Asking Price: $849,000

Annual Sale: $1.8 Million!

Great location next to highway exit.

Lots of local & Hwy business.

Long lease available for the right opertor.

For more information call Agent.

N/E OF GTA & DURHAM REGION 1. 9 Million L, Store: $1,200,000 Car Wash: $175,000, Lotto & ATM. ASKING: $3,000,000

3. 14 Million L, Store: $650,000, Business still growing. ASKING: $4,900,000

4. Windsor: 5.5 million L, Store: 1.2 million.

Carwash: $150,000. Net income: $550,000/ yr. Asking Price: $3,500,000

4. 6 Million L & Growing. Store: $600,000.

ASKING: $2,400,000

INVESTMENT PROPERTIES

2. Small Retail Plaza. NOI: $47,000. 8.5% Cap Rate.

3. AAA tenant. Mixed retail. NOI: $77,000.

7.0% Cap Rate.

6. Volume 20 Million L! Large portion of Rental Income, Busy Store, Propane, ATM, Lotto. Complete package with one stop shopping. Excellent location, No competition!!! Great Margin on gas & store.

2 Gas station Package. ASKING PRICE: $6,500,000

Newly upgraded site with pumps, tanks, car wash & store.

Gas volume: 5.5 million L, Store: $450,000. Car wash: $150,000.

ATM & Lotto income extra.

Good monthly rental income

ASKING PRICE: $2,600,000

MORE NEW EXCITING OPPORTUNITIES AVAILABLE IN GTA & SURROUNDING MARKETS.

RESIDENTIAL - WOODSTOCK

5. Retail Plaza. West of Hamilton. Mixed Use Retail. NOI: $110,000. 7% Cap Rate

PRINCIPALS ONLY

WEST OF LONDON

5. 10 Million L, Store: $600,000, Rental Income: $32,000. ASKING: $2,700,000

4. Mixed Use Medical Plaza. NOI: $263,000.

7.75% Cap Rate.

6. LCBO & Shoppers Drug Mart Plaza. 6.5% Cap Rate

Mississauga: Excellent location, 155,000 SF, 24’ clear height, lots of paarking. For further information, contact broker.

For Lease and/or Sale.

2. 9 Million L, Store: $700,000, Car Wash: $150,000 + Rental Income.

ASKING: $4,700,000

3. Niagara: 3.5 million L, propane: $80,000/ yr. Home on the property. With property: $2,500,000 or business only: $199,000

1. Medical Building West of Guelph. NOI: $146,000. 8.5% Cap Rate

INDUSTRIAL BUILDING

GTA LOCATIONS AVAILABLE FROM AS LITTLE AS $15,000!

ATTENTION DEVELOPERS: 3 storey brick building on approx.

2.5 acre land. Property is zoned for residential. Build up to 75 units. Uses: condos, apartments, office, warehouse, or run business as is. HUge upside potential.

NEW REDUCED ASKING PRICE: $1,500,000

“Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Limited, Real Estate Brokerage 2012.”

Please say you saw it in The Commercial Investor

Greater Toronto Area

BANQUET HALL

Convenient Location. Beautifully furnished.

Good sales.

Accommodate upto 1100 people in 4 rooms.

Large Lobby with a grand entrance. Land & Building also available for sale.

Call for more info.

BUSINESS ONLY: $599,000

44

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real Estate Investors

Percy Fulton Ltd. Brokerage

SEAN ROLAND Real Estate Broker

1-800-290-5164 Including All Foreclosures & Power of Sales

Power of Sales, Foreclosures & Distress Properties Below Market Fixer-Uppers & Tax Sale Properties Below Market Rental Properties, Positive Cash Flow Properties Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages

9508017_0513

POWER OF SALES & FORECLOSURES

View Over 20,000 Homes For Sale Online

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Sean Roland Real Estate Team 1-800-290-5164 ID#5121 FREE 24 HRS RECORDED INFO

$2 LY $1 4 0 RO 9, 69/M DO 90 TH W 0

0213_MARCP_1_3337

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FREE LIST OF FORECLOSURES

BRAND NEW LUXURY CONDO

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Greater Toronto Area

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DOWNTOWN NEW LUXURY CONDO

Sean Roland Real Estate Team 1-800-290-5164 ID#5112 FREE 24 HRS RECORDED INFO

ST A $1 RTIN ZE 9 G RO 9, FR DO 90 OM W 0 N

BRAND NEW LUXURY CONDO

Sean Roland Real Estate Team 1-800-290-5164 ID#5111 FREE 24 HRS RECORDED INFO

$2 979/ 2 M RO 4, ON DO 90 TH W 0

DOWNTOWN NEW LUXURY CONDO

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DOWNTOWN NEW LUXURY CONDO

Sean Roland Real Estate Team 1-800-290-5164 ID#5131 FREE 24 HRS RECORDED INFO

Sean Roland Real Estate Team 1-800-290-5164 ID#5132 FREE 24 HRS RECORDED INFO

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WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as

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ZERO DOWN Mortgages 1st, 2nd, & 3rd Mortgages Bad Credit as low as 540 No Credit OK Self-Employed OK No Income Verification OK Refinance & Equity Take Out Debt Consolidations New Tax Deductible Mortgage Pay Off Your Home in 7 Years

We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

45

Commercial Real Estate & Business Opportunities

FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real E Estate IInvestors

Percy Fulton Ltd. Brokerage

SEAN ROLAND Real Estate Broker

1-800-290-5164 Including All Foreclosures & Power of Sales

Power of Sales, Foreclosures & Distress Properties Below Market Fixer-Uppers & Tax Sale Properties Below Market Rental Properties, Positive Cash Flow Properties Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages

9508003_0513

POWER OF SALES & FORECLOSURES

View Over 20,000 Homes For Sale Online

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0213_DJW_0004

0213_MARCP_1_0003

BEAUTIFUL DETACHED FAMILY HOME

FREE LIST OF FORECLOSURES

Sean Roland Real Estate Team 1-800-290-5164 ID#5211 FREE 24 HRS RECORDED INFO

Sean Roland Real Estate Team 1-800-290-5164 ID#5213 FREE 24 HRS RECORDED INFO

2 /M RO 9, ON DO 90 TH 0

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$2

0213_DJW_0007

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1 /M RO 9, ON DO 90 TH 0

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$2 996/ 2 M RO 9, ON DO 90 TH W 0

1-800-290-5164 ID #5212 FREE 24 HRS RECORDED INFO

DETACHED HOME WITH BSMT APT

Sean Roland Real Estate Team 1-800-290-5164 ID#55222 FREE 24 HRS RECORDED INFO

Sean Roland Real Estate Team 1-800-290-5164 ID#5223 FREE 24 HRS RECORDED INFO

N

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0213_DJW_0008

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$2

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$5 378 5 /M RO 9, ON DO 90 TH W 0

$3 498 5 /M RO 9, ON DO 90 TH W 0

3 PLEX OVER $3000 MONTHLY INCOME

Sean Roland Real Estate Team 1-800-290-5164 ID#5221 FREE 24 HRS RECORDED INFO

$3 669 8 /M RO 4, ON DO 99 TH W 9

3 BEDROOM DETACHED FAMILY HOME

4 BED 3 BATH DETACHED HOME

4 BEDROOM 4 BATH OVER 3500 SQFT

4 BEDROOM 3 BATH DETACHED

Sean Roland Real Estate Team 1-800-290-5164 ID#5231 FREE 24 HRS RECORDED INFO

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WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as

99% 2.

How to Get the 3 Lowest rates in Canada FSCO License #10855

1-800-290-5164 EXT #7557 FREE 24 HOUR RECORDED INFO

ZERO DOWN Mortgages 1st, 2nd, & 3rd Mortgages Bad Credit as low as 540 No Credit OK Self-Employed OK No Income Verification OK Refinance & Equity Take Out Debt Consolidations New Tax Deductible Mortgage Pay Off Your Home in 7 Years

We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders

Please say you saw it in The Commercial Investor

Greater Toronto Area

0213_DJW_0003

$2 983/ 2 M RO 6, ON DO 90 TH W 0

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DETACHED HOME WITH BASEMENT APT

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$ RT ZE 19 ING RO 9, FR DO 90 OM W 0

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$2 933/ 1 M RO 7, ON DO 00 TH W 0

(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)

46

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

26 BED HOME CARE FACILITY 17 HSC BEDS - GTA

36 BED DOMICILARY HOSTEL AVAILABLE SW ONTARIO

10 BED HSC NORTHERN ONTARIO SOLD STF

$2,700,000

$1,500,000

$390,000

Beautiful ravine setting. Home in pristine condition. Meets all fire and safety codes. Sprinklers throughout. Public transport at the door.

The only Dom Hostel in the country. Ever-green contract with the City and County. Many long term residents. Gross $550,000.

Comes with 70+ acres of land.

Virtual 100% occupancy. Only requires one staff. Great opportunity for a great price $390,000.

0513_DJW_3_0044

0513_DJW_0081

0513_DJW_0082

MICHAEL SHMUKLER, BROKER Sutton Group Select Realty Inc. Brokerage

11251605_0513

Greater Toronto Area

michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties

11253451_0513

519-433-4331 519-318-1622

Wishing you all the best of health and wealth in 2013 FOR SALE OR LEASE

Amazing office space with 14,689 sq ft. Partially rented with AAA tenants. Divisible office/retail space for lease.

0513_DJW_1_0041 Contact for more info.

8 Senior Homes, Turn Key Operations, Complete Portfolio with 305 Beds, Over 2M NOI, 4&3*064 */26*3*&4 ONLY, VTB Possible Asking $23M

Apartment building with large 18 units, well maintained with new roof, windows, 2xhot water tanks, hallway carpets, and tiles. BELOW Market rents by $2000 a month! Located in downtown Cambridge...

Call for more info

22,000 sq ft corner in Downtown Toronto original Hotel now large mixed use Com/Res building with 6 Com and 17 apts in downtown Toronto potential to add 23 more apt.

Asking 13M.

R DE CT UN TRA N CO

APARTMENT BUILDINGS r Large detached fiveplex with big lot, renovated, 4 parking, 75K in downtown Toronto. Call for info r 6OJU #VJMEJOH HBSBHFT $MPTF UP Downsview station. Potential upside 5.71% cap r #SVTTFMT 0OUBSJP 3FT "QBSUNFOUT 2 stores, 6 offices and large event venue 9000 sq ft. $595,000

Video reviews including financials on Apartment Buildings for Sale www.TorontonianOnline.com

Please say you saw it in The Commercial Investor

Subscribe Today!

Volume 13 Issue 02

47

Commercial Real Estate & Business Opportunities

“Let MY Transform Your Dream Home Into Reality.�

PLACES OF WORSHIP TORONTO

Heritage Group Ltd., Brokerage Each Office Is Independently Owned And Operated 7330 Yonge Street, Thornhill, ON L4J 7Y7 Tel 905.764.7111 Fax 905.764.1274

CALL TODAY

ACTON t .JMM 4USFFU &BTU t 4FBUJOH GPS BOE PO TJUF QBSLJOH t 4RVBSF 'PPU #VJMEJOH t ASKING $390,000

E

Pierre Gagne, Broker of Record Tel: 416 955 1885 x 228 Petrus Commercial Realty Corp. Brokerage

L SA

www.MYTRAN.ca

Visit My Free Online Home Finder Website:

9 41

$

www.MYTRAN.ca

Will Not Last...Very Rare!

COMMERCIAL CONDO UNITS Building Fronting On Steeles Ave Over 1850 SQ FT, 2 Available

0

,00

R

VAUGHAN Steeles Ave West & Keele Rare Commercial Condos. Located Just Steps from the TorontoYork-Spadina Subway Extension 2 Units Available. Excellent Traffic.

Great Opportunity To Own, For Investment & Leasing.

TO VIEW CALL MY, 905-660-3230

R FO 0513_DJW_0002

Sales Representative

905-660-3230

FO 0513_DJW_0001

MY Tinfo@mytran.ca RAN

Email: info@mytran.ca

LE

SA

Immaculate 4 Bedroom Builder’s Model Home Fully Finished Basement

00

$8

,0 39

VAUGHAN Dufferin & Major Mackenzie Perfectly Situated 4 Bedroom Builder’s Model Home. Walkout To Large Patio Deck. Close by Schools, Transit & Shopping.

TO VIEW CALL MY, 905-660-3230 SPECIALIZING IN FIRST-TIME HOME BUYERS - FULL SERVICE LISTING & SHOWINGS Not intended to solicit person under contract

8497536_0513

Sutton Group Heritage

11208873_0513

RANDOLPH LENGAUER SALES REPRESENTATIVE

1-866-436-0990

905-259-2020

4912_DJW_0003

rlengauer@sutton.com

OSHAWA INDUSTRIAL 2 Industrial buildings, 42,234 sq ft Fully leased. 4.8 acres. Paved & fenced compound for 400 cars.

Asking $3,195,000 Please say you saw it in The Commercial Investor

11268295_0513

Greater Toronto Area

t %BOGPSUI "WF &BTU PG 7JDUPSJB 1BSL t 4FBUJOH GPS BOE PO TJUF QBSLJOH t 4RVBSF 'PPU #VJMEJOH t ASKING $2,000,000

48 inthenews

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Avison Young releases 2013 commercial real estate forecast for Canada, U.S. 2013: A year to position for the future; looking much like 2012, Canada and U.S. commercial real estate markets offer a healthy balance of risk and opportunity

S

tability and opportunity will drive Canada’s commercial real estate markets in 2013, while select U.S. markets and sectors are poised for growth, even while caution persists.

Against a global backdrop of financial uncertainty stemming from continuing issues with stability in Europe, a potential slowdown in China, the debt ceiling and new “fiscal cliffs” in the U.S. and potential plateauing in Canada, North American real estate markets still appear to be the most stable – with a healthy balance of risk and opportunity.

These are some of the key trends noted in Avison Young’s 2013 Canada, U.S. Forecast, released recently.

The annual report covers the office, retail, industrial and investment markets in 29 Canadian and U.S. metropolitan regions: Calgary, Edmonton, Halifax, Lethbridge, Mississauga, Montreal, Ottawa, Quebec City, Regina, Toronto, Vancouver, Winnipeg, Atlanta, Boston, Charleston, Chicago, Dallas, Detroit, Houston, Las Vegas, Los Angeles, New Jersey, New York, Pittsburgh, Raleigh-Durham, Reno, San Francisco, South Florida and Washington, DC. “With all the headwinds that continue to plague our industry, what we at Avison Young have been advising for the last three years will continue to be our mantra: stay patient, risk-manage your strategy on the buyside, and take advantage of off-market and distressed opportunities when they present themselves,” says Mark E. Rose, chair and CEO of Avison Young.

He continues: “As a seller, do not be afraid to take some profits. Core assets in the major markets are highly sought-after and, therefore, aggressively priced when up for competitive bid. Plenty of opportunities can still be found in off-market transactions, if one knows where to look. At Avison Young, we have been very successful in helping our clients do just that.”

According to the report, in Canada, the shortage of product (evidenced by real estate investment trusts (REITs) buying portfolios and private funds buying REITs) and very low current vacancy rates suggest

more demand-side price upside, even though the large development pipeline may temper rent growth. The strong Canadian dollar is a problem for the domestic economy, though positive for Canadian institutions going global - a trend expected to increase in 2013.

These factors, combined with pervasive condo overbuilding, are resulting in“Are we at the top?”questions in Canada. On the other hand, in the U.S., the early signs of a housing recovery are triggering the question:“Is the U.S. at the bottom?”The lack of development is providing confidence for investors making value-add acquisitions, and core class A product is expensive everywhere. Thus, as Canada appears to have reached a short-term top in pricing, the U.S. is just beginning to get its sea legs.

Rose adds: “Amid uncertainty and risk lies opportunity. This is not to say that we should write off 2013, or sit on the sidelines. Quite the opposite: there is much to be transacted in 2013 while strengthening positions for the future, as the ongoing issues domestically and abroad see some form of resolution.”

“What we are recommending to clients is clear and consistent. Focus on building capital positions in 2013, perhaps selling non-strategic assets to fund a war chest; and arrange for access to additional debt and equity, as 2014 appears bright.

Continue to execute on current plans in 2013 as the environment is likely to remain stable. Re-balance investment portfolios according to a five-year strategy horizon and adjust your corporate real estate occupancy. If you are financing or re-financing, seek longer-term maturities at today’s unprecedented low rates.”

The report goes on to show that office and industrial vacancy rates in Canada continue to be half of those in the U.S.; however, U.S. markets are expected to improve - some more quickly than others - narrowing the spread.

Across the 12 Canadian office markets tracked by Avison Young, vacancy sat at 7.1 per cent as 2012 drew to a close. By comparison, the 17 U.S. office markets collectively displayed a vacancy of 15.1 per cent. A distinct gap also exists in the industrial markets, with Canada posting a vacancy rate of 4.7 per cent, compared with 8.8 per cent in the U.S. “Those of us who follow the markets closely are beginning to sound a bit like a broken record when it comes to praising Canada’s well-being. Relative to the rest of the world, Canada is seen as a picture of economic health, and nowhere is this more evident than in the performance of the commercial real estate market, which continues to display sound and improving market fundamentals across most sectors and asset classes,” says Bill Argeropoulos, vice-president and director of Research (Canada) for Avison Young.

“While Canada has accelerated up the recovery curve and is now showing moderate signs of slowing, the positive signals out of the U.S. – be it the housing market with rising starts, sales and pricing, or improving employment levels - can only benefit Canada in the long run,” he says.

“Coming off what will likely be a record year in commercial real estate investment sales in Canada, and given the small investable universe and competitive climate that has emerged, cross-border activity will grow further. Although 10-year bond yields are similar between Canada and the U.S., for the most part, cap rates are generally higher in the U.S. The wider spread in investment yields will intensify cross-border activity with more Canadian buyers looking for bargains in

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

secondary markets, while others will continue to bid for assets in fortress or gateway markets (Washington, DC and New York), either alone or through joint-venture partnerships,” adds Argeropoulos.

According to the report, the U.S. real estate markets survived the ambiguity of the election year and looming so-called “fiscal cliff” in 2012 with modest growth in most sectors and markets, though fluctuations in values persisted.“The major coastal markets again seized the most capital interest, leaving the interior markets lagging,” notes Earl Webb, Avison Young’s President, U.S. Operations.“As we approached year-end 2012, sales volumes were on pace to eclipse 2011, led by multi-residential and office sales.”

Webb states that absorption rates in most of the office markets were modest as corporate and governmental occupiers remained very cautious, though cities buoyed by energy and tech sectors – or “gateway” metropolitan areas - saw the strongest performance.“Even New York City, with its diverse business base, saw a slowing of absorption and a flattening of rents – currently at $56 (USD) per square foot (psf) on average with only Midtown South showing rental strength,” he notes.

Webb says early 2013 will look and feel like 2012, with a great deal of uncertainty persisting and with most markets only posting modest improvement.“The overall lack of development is a plus for real estate markets, and recent job growth is encouraging; however, we’ll need sustained job growth for a full and robust recovery.”

CANADA Office: Approaching nearly 500 million sq. ft. (msf), Canada’s office market had another solid year, characterized by mostly low- to mid-single-digit vacancy rates, relatively healthy demand, stableto-rising rental rates and a growing urban supply pipeline driven by corporations following the migration of younger workers who are increasingly living downtown. This has kicked off another development cycle in almost every market with the majority of the space projected to come online in the next four years.

As 2012 was winding down, the national office vacancy rate settled at 7.1 per cent, down from 7.3 per cent in 2011 and from 2009’s recessionary peak of 9.2 per cent – a 210-basis-point (bps) rebound. A west-east divide persists not only in employment, but also in vacancy rates. Larger resource-rich and commoditybased Western markets (Vancouver, Calgary and Edmonton) had a combined market-wide vacancy of 6 per cent in 2012 – 110 bps below the national average. From this group, Calgary is by far the tightest market with a vacancy rate of 4.4 per cent (-160 bps since 2011). The lack of vacant large-block options in downtown Calgary has pushed some tenants into the suburbs, including Imperial Oil, which made an unprecedented decision to move to Quarry Park in the suburban south. Sitting some 230 bps higher at 6.7 per cent (-70 bps), Vancouver is in the midst of the largest downtown office-building construction cycle it has ever experienced, with four new office towers and one

49 inthenews

major redevelopment underway. Edmonton came in at 8.7 per cent (-80 bps), and economic growth and the expansion of numerous engineering and energy firms are expected to encourage leasing activity in 2013, pushing vacancy lower.

The smaller Prairie markets are booming as well. Despite the biggest jump (+320 bps) in vacancy of any Canadian market last year, Regina once again recorded the lowest vacancy (4.2 per cent) in the country, beating out Calgary. Neighbouring Winnipeg finished at 6.3 per cent (-70 bps), while Lethbridge saw its vacancy rise 170 bps to 11.4 per cent.

For 2013, and in order of magnitude, vacancy rates are projected to rise in Vancouver (+70 bps to 7.4 per cent), Winnipeg (+10 bps to 6.4 per cent), fall in Calgary (-70 bps to 3.7 per cent) and Edmonton (-40 bps to 8.3 per cent) and remain unchanged in Regina and Lethbridge.

On the other hand, the major financial services and manufacturing-based markets in the East (Toronto, Montreal and Ottawa) collectively posted an office vacancy rate almost 200 bps higher (7.9 per cent) than their large Western counterparts.

Despite seeing vacancy rise to 8.1 per cent (+30 bps) in the closing months of 2012, Toronto, the nation’s largest city and office market, is once again experiencing intense construction activity downtown – only a short time since the delivery of the last cycle. A number of projects are currently underway, with other announcements – including this week’s groundbreaking of 1 York Street by Menkes Developments and Healthcare of Ontario Pension Plan – taking place in the opening months of 2013. Even Montreal (-30 bps to 8.2 per cent) is witnessing a mini-renaissance in downtown office development, following a long period of inactivity. Ottawa, the nation’s capital, continued to weather the effects of the Conservative government’s downsizing better than many predicted. Overall Ottawa office vacancy rose to 6.2 per cent in 2012 – a modest increase from 5.6 per cent in 2011. Elsewhere in the East, vacancy inched up 10 bps to 12.8 per cent in Mississauga/Toronto West and stayed the same in Quebec City (5 per cent) and Halifax (5.5 per cent).

This year, vacancy is expected to hold firm in Halifax, decline in Ottawa (-20 bps to 6 per cent) and rise in Quebec City (+180 bps to 6.8 per cent), Montreal (+50 bps to 8.7 per cent), Toronto (+40 bps to 8.5 per cent) and Mississauga/Toronto West (+30 bps to 13.1 per cent). In 2013, demand will be frustrated in some Canadian markets by the shortage of available space, putting upward pressure on rental rates in affected market segments until the developments currently underway are delivered, starting in 2014. In the meantime, the national office vacancy rate is expected to increase a modest 20 bps to 7.3 per cent by the end of 2013.

Retail: Canada’s retail landscape remains a popular destination for many foreign retailers, especially those south of the border in the U.S. (Nordstrom and Microsoft Store), lured by the resilience of the Canadian economy and continuing low interest rates, which allow consumers to spend more.

The strong activity is taking place despite warnings of Canadian household debt rising to the point where the ratio of household debt to disposable income is now higher than U.S. consumer indebtedness prior to the crash. Two important metrics driving retailers to Canada from the U.S. may well be the sizeable difference in retail sales per sq. ft., and the large spread in retail space per capita between the two countries. Steadily rising retail sales growth in most Canadian markets, coupled with aggressive U.S. expansion into Canada, has kept the Canadian retail stock almost fully occupied and the development pipeline active. For example, in Calgary, up to 1 msf of retail space will be completed this year at projects such as Sierra Springs.

While Canadian retailers are bracing for store openings from U.S. discount giant Target in 2013, landlords are continually reinvesting in and repositioning retail centres to retain tenants and attract the many new brands entering the country. Significant expenditures and redevelopment have been completed or are underway, including: Bayshore and St. Laurent Centre in Ottawa; Yorkdale and Sherway Gardens in Toronto; Southland Mall in Regina and Mic Mac and West End Malls in Halifax, to name a few.

Live-work-play downtown lifestyles are increasingly popular, and urban retail

Please say you saw it in The Commercial Investor

Continued on Page 62

50

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

8975448_0513

0513_DJW_2_0012

0513_DJW_1_0011

Sam McDadi Real Estate Inc., Brokerage

$1,750,000

$450,000

$335,000

LOCATED ON A VERY BUSY MAIN ROAD! GREAT EXPOSURE, OVER 950 SQ FT, CAN BE USED FOR MULTIPLE PURPOSES EG, LAWYERS OFFICE, DENTIST, ACCOUNTANT, PHYSIO, BEAUTY SALON, COMPLETELY UPG WITH NEW FLOORING, DRYWALL, KIT & BATH! TONS OF PARKING AVAILABLE!

GREAT EXPOSURE ON A VERY BUSY STREET! OVER 900 SQ FT! TONS OF PARKING AVAILABLE! CAN BE USED FOR MULTIPLE PURPOSES! UNIT IS ALSO AVAILABLE FOR LEASE!

CONVENIENCE STORE SERVING THE COMMUNITY FOR DECADES! EXCELLENT LOCATION WITH TONS OF TRAFFIC, TURNKEY OPERATION THAT INCLS ALL FRIDGES, FREEZER & SHELVING, ATM & LOTTO! LARGE CUSTOMER BASE & PARKING SPOTS! 0513_DJW_1_0021

$179,000

0513_DJW_1_0015

$420,000

0513_DJW_0014

0513_DJW_1_0020

GREAT OPPORTUNITY TO OWN A VERY BUSY MEDITERRANIAN RESTAURANT! GROWING FRANCHISE, LOW 2% ROYALTY, TURN KEY OPERATION, GROSS ANNUAL SALES OF 600K, ALL EXIST EQUIPMENT INCLUDED, SELLER WILLING TO TRAIN, LLBO LICENSED!

0513_DJW_0015

Greater Toronto Area

0513_DJW_1_0013

EXCELLENT OPPORTUNITY TO OWN A GREAT 12,000 SQ FT INVESTMENT PROPERTY! $140K SPENT IN UPGS, NEWLY RENOVATED 2ND LEVEL, 9 ROOMS, ANNUAL EXPENSES OF $62K, GREAT MONEY MAKING OPPORTUNITY!

$129,000

$79,999

EXCELLENT OPPORTUNITY FOR A YOUNG CHEF OR FOR THE FAMILY RUN EATERY! WELL ESTABLISHED PROFITABLE RESTAURANT IN THE HEART OF “STREETSVILLE”! LLBO, SEATS 45 PEOPLE, LOYAL CLIENTELLE!

SITUATED IN A BUSY CORRIDOR OF BRAMPTON! DOLLAR STORE WHICH COMES FULLY EQUIPPED WITH AN ATM & LOTTO STALL! UPG SHELVINGS, COUNTER & NEW SECURITY CAMERAS! PERFECT FOR THE FAMILY RUN BUSINESS! PURCHASE PRICE DOES NOT INCL. THE INVENTORY!

$30 SQ FT GROSS GREAT LOCATION FOR A PROFESSIONAL OFFICE! CAN BE LEASED FROM 1000 TO 7000 SQ FT! CURRENTLY DIVIDED IN 3 UNITS WITH SEPARATE OFFICES! PLENTY OF PARKING!

Please say you saw it in The Commercial Investor

51

Commercial Real Estate & Business Opportunities

11237352_0513

Greater Toronto Area

Volume 13 Issue 02

Please say you saw it in The Commercial Investor

52

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Tony Giannini Sales Representative

BROKERAGE 77 City Centre Dr. Suite #106, Mississauga ON.

9774309_0513

905-275-9400 Toll Free 1-888-228-9669 Email: agiannini@trebnet.com

Greater Toronto Area

6 Bay Coin Car Wash on 1.1 acres. No competition close by.

Excells land approved for up to 100 storage units (10x10).

But can also be sued for many more outside storage uses.

Just West of Milton off Hwy 401. Asking $1,199,000. Call for exclusive viewing.

4112_DJW_0128 4112_DJW_0129 4112_DJW_0130

MORE EXCLUSIVE CAR WASH LOCATIONS AVAILABLE t $PJO DBS XBTI NVMUJ VOJU SFOUBM JODPNF 8FTU PG #VSMJOHUPO NJM t #BZ $PJO $BS 8BTI Business POMZ 5PSPOUP "TLJOH t #BZ $PJO $BS 8BTI ,BXBSUIBT "TLJOH t 'VMM TFSWJDF "VUPNBUJD $BS 8BTI /JBHBSB "TLJOH t #BZ QMVT TFQBSBUF 3FOUBM #MEH (5" "TLJOH t #BZ $PJO $BS 8BTI "VUPNBUJD $PNNFSDJBM 3FOUBM JODPNF )BNJMUPO "TLJOH t 'VMM TFSWJDF "VUPNBUJD $BS 8BTI %FUBJMJOH )BMUPO "TLJOH t 5PVDIMFTT 5VOOFM XJUI 3FOUBM JODPNF 1MVT .PSF -BOE UP CVJME $PJO #BZT 4JNDPF BSFB "TLJOH t #BZ $PJO 5PVDIMFTT $BS 8BTI MPDBUFE PO .BJO 4USFFU 4JNDPF BSFB "TLJOH Call for details & viewing 3FNBSLBCMF MPDBUJPO BU .JTTJTTBVHB 3E &HMJOUPO GPS SFEFWFMPQNFOU (SFBU DPSOFS WJTJCJMJUZ FYQPTVSF 6QTDBMF BSF XJUI IJHI USBGGJD WPMVNF -PU Y XJUI SFOUBM JODPNF PG QFS NUI collecting while you develop property.

Call for details.

BDSF 0BLWJMMF QSPQFSUZ GPS SF EFWFMPQNFOU for retail in fast growing area with high visibility.

1SFTFOUMZ IBT MBSHF TR GU IVU GPS USVDLT PS FRVJQNFOU XIJDI XPVME CF HSFBU GPS MBOETDBQF PS trucking company.

Asking $1,199,000.

URGENTLY Needed for anxious qualified buyer.

High volume gas stations and High Volume coin Laundromat.

Retail strip plazas. High volume car wash.

SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor

53

Commercial Real Estate & Business Opportunities

10929735_0513

Volume 13 Issue 02

0513_DJW_0018

Commercial building lot in fast growing Alliston, would suit many types of Commercial uses, ready to build with site plan approval & Urban Highway Commercial Zoning. $299,900. Marc Ronan*** 1-888-936-4216

0513_DJW_1_0038

Downtown Victorian building with history and charm located in The Commercial Core of Alliston. Store front approx. 600 sq. ft., office area 168 sq. ft. with 2 pc. bath and basement for storage. 2 bdrm. apt. with eat-in kitchen, living room & 4 pc bath. Offers good income potential with immediate possession. $249,900 Cheryl Vienneau*/Marc Ronan*** 1-888-936-4216 0513_DJW_0019

Hockley Valley! 78.48 acres planted w/apprx. 90% seedlings & 10% ready to harvest trees. 100 acres, with building with hydro, planted w/apprx 70% seelings & 30% ready to harvest trees. Potential to purchase both tree farms or purchase individually and build your custom home and potential income in beautiful Hockley Valley. Priced at $729,900 & $949,900 respectively. Marc Ronan***1-888-936-4216 0513_DJW_0021

Investment Opportunity! 30 acre future development land in Alliston across the road from new residential development. Level land with approx.

5200 sq. ft. building with main floor previously used as Veterinary Clinic and on 2nd level updated apartment approx 2000 sq. ft. plus in-law space.

Located between developer owned land and water retention area for existing residential development. Current zoning Residential/Commercial. $2,400,000. Marc Ronan***1-888-936-4216 0513_DJW_0023

84.4 acres Abutting Residential Development in area of fast growing Community of Alliston. Surrounded by existing development with two road stubs to East on Municipal Services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. $3,795,000. Marc Ronan***1-888-936-4216

High profile corner Commercial lot approx 3.2 acres in Angus comprised of 7 lots with 424’ frontage on high traffic Main street.

Commercial zoning allowing for many uses including but not limited to Retail Stores, Service Shops, Auto Sales & Services, Business or Professional Offices. 2 Rd Frontages! $1,950,000.

Marc Ronan***/Gladys Craine**** 1-888-936-4216

Bustling Downtown Orangeville-high profile location!

Approx 4500 sq ft of Prime Office space on 3 levels.

Zoning is central business district, approx 10 parking spaces with rear lane access, immediate possession available. Also available for lease. Many permitted uses. $635,000 Marc Ronan***1-888-936-4216

0513_DJW_1_0040

0513_DJW_1_0089

Character & Charm in The Heart of the Quaint Village of Cookstown! This tastefully renovated Century Home boasts vaulted ceilings. Bright spacious rooms, with original hardwood floors & baseboards. Excelent commuter location Hwys 27/89 & 400, zoned Commercial Core 1, run your home business from the spaicous loft above the oversized double car garage. O/looking a private fully fenced backyard, salt water inground pool & pool house, 10 person hot tub, multi level deck! $489,900 Marc Ronan***/Anne Hilliard* 1-888-936-4216 0513_DJW_0020

Sought- after fully serviced Industrial with outside storage in The Heart of Bolton on approx 4.5 acres. Present owner has plans ready to go for 15,000 sq ft industrial building $3,000,000. Marc Ronan*** 1-888-936-4216.

0513_DJW_0022

Private Country Estate on 67 acres of hardwood forest, ponds & your own 9 hole golf course. Fully equipped pro shop, workshop, ample storage and parking. Have your own course or continue existing public play. Large custom raised bungalow, 3+2 bedrooms, spacious prinicpal rooms, multiple wlakouts to manicured lawns $1,499,000 Marc Ronan*** 1-888-936-4216 0513_DJW_0024

93 acre Development Parcel abutting residential development in New Lowell. Approximately 88 acres workable land. Located inside the Development Boundary Expansion area, large GTA Developer in same area. $1,700,000 Marc Ronan*** 1-888-936-4216.

0513_DJW_1_0088

0513_DJW_1_0036

Rock Solid in Real Estate.

TM

* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record

Š2012 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are trademarks of The Prudential Insurance Company of America, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential.

Please say you saw it in The Commercial Investor

Greater Toronto Area

2 Prime commercial lots directly across from Jackson Plaza in the growing community of Beeton.

Urban Commercial Core zoning. Properties fronting on Patterson & Dale.Tina McCarty*/ Leta Larkin* 1-888-936-4216

54

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments

8297113_0513

For ~ purchasers ~ vendors ~ realtors and lenders

Borehole Drilling Soil Sampling Groundwater Testing

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Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

FOR ADVERTISING CALL

DOREEN WILLS r Doreen.Wills@wall2wallmedia.com Please say you saw it in The Commercial Investor

Volume 13 Issue 02

55

Commercial Real Estate & Business Opportunities

Smart Choice Realty Solutions Brokerage Office: 416.743.2285 leohara@rogers.com

Leonardo Hara

647.668.4272

SALES REPRESENTATIVE

www.leonhara.com – – – – – – – – – – – – – – – – – –

PLAZAS: Toronto - 38 mil - 9 % cap rate 70 km west of Toronto - 20 Mil - 7% CR - with Potential Kitchener - 10.9 mil - 7.25% CR Toronto - never vacancy - 8.25 mil - 7.4% Cap Rate Waterloo - 7.5 ml - 7% CR Shoppers Drug Mart - 400 km West - 6.1 mil - 7.6% Cap Rate SC GTA - to be built with tenants already in place - 5.95 mil - 6.3% CR Peterborough plaza - 4.9 mil - 7.6% CR SC Esso Gas Station with Tim Hortons on HWY 400 - 4.65 mil Toronto - Spadina - comm./res. zoning - 4.65 mil Toronto - 2.9 mil - over 6% Cap Rate Stratford - 2.5 mil - 7.2% Cap Rate - If fully rented - 11% CR Plaza - 130 km west - 2.4 mil - 7.5 Cap Rate Toronto - Danforth - 2.2 mil Toronto - Danforth - 1.49 mil - Spadina - comm./res. zoning Sarnia - 1.25 mil - 9% CR - Sold Conditionally Sudbury - 1.19 mil - 11% Cap Rate

8148048_0513

– – – – – – – –

PROJECTS/DEVELOPMENT, LAND Markham - 20 acres - 30 mil Whitby - 8.7 mil - 10 acres - planned for 350 residential Cambridge - 4.7 mil - 8 acres - site approval for 182 condos Toronto - 4.65 mil - 4 residential lots assembled for 12 exclusive townhouses Orangeville - 4 mil - Business Park approved on 53 acres 3 acres Scarborough - 1.6 mil - Industrial Zoning Orangeville 17 acres - 990 K - Employment Area - 990K 3 Acres in Guelph - 1.8 mil - approved for Gas Station - busy intersection

– – – – –

APARTMENT BUILDINGS/MOTEL/HOTELS GTA - 200 units - 19.8 mil.

108 Units - Mississauga - 17.9 mil - 4.5% Cap rate 32 Units - London - 2.6 mil - 6.5% CR Sarnia - 31 units - 2.1 mil Oshawa - 12 units - 850K

MEDICAL, OFFICE & INDUSTRIAL – Mississauga - 7.99 mil - 46,000 sf - excellent office building and location – Kitchener-Medical Building -1.95 mil - 7% Cap Rate

LEASE – Toronto Centre - Office Space from 700-9000 sf

– Mississauga - Medical Building - 1.74 mil - 6.45% Cap Rate

– Industrial/Office Flex - HWY 427/QEW - 2500-58000 sf.

– Office Building - Windsor - 1.285 mil - 11% Cap Rate

– Brampton - 42,000 sf Industrial M2 Building

– Kitchener - 5 mil - 7.4%CR - Office Building

– Toronto - 11% Cap Rate - 2.5 mil - industrial

Greater Toronto Area

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11250884_0513

Call:

56

Commercial Real Estate & Business Opportunities

Upscale Student Housing on U of T Campus! OMB Rezoning and approved for 8 storeys.

Volume 13 Issue 02

0513_DJW_0105

BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings.

Feature 2 properties and your agent photo in a full colour quarter page ad.

Reserve your space today!

416-784-5060.

$2,900,000

Michael Davidson Sales Representative

11271067_0513

Re-zoned approval for 18 unit residential apartment building with 45 bedrooms.

Lot size: 30ft x 107ft. GFA for 18,000 sq. ft. Located on the University of Toronto’s campus, this property is within walking distance to shopping, groceries, subway, library and other campus residences. With such a huge demand for student housing in the city of Toronto, this property won’t last long! Don’t miss this fantastic investment opportunity! For more info check out: www.15glenmorrisstreet.com

Office: (416) 588-6777 Direct: (416) 831-7108 mzdavidson@gmail.com

Alex Duarte Sales Representative

905-456-1000 direct 416-587-7445

Realty Services Inc., Brokerage

office

Brampton, ON L6X 1N7 905-456-1000 Independently Owned and Operated

40 HOLTBY AVENUE, BRAMPTON

STEELES AVE/ TRAFALGAR RD. 4512_DJW_0006

Future development Steeles Avenue and Trafalgar Road - 49.9 acres, 1,100 foot frontage on Steeles Avenue by 3000 foot depth.

$5/SQ FT PLUS $1.95 TMI 6,000 - 75,000 square foot industrial units. 24, 30 & 40 foot height ceilings; to be finished as the tenant desires. All units have rails for cranes up to 20 tons.

443 RAILSIDE DRIVE, BRAMPTON

$200,000 per acre 4512_DJW_0007

922 MAIN STREET EAST, HAMILTON

$7,499,000

4512_DJW_0009

4512_DJW_0008

11271036_0513

Greater Toronto Area

www.propertyonthemarket.ca

$950,000

Great investment, seller will rent back for 5+ years, cap rate over 7%, two separate entrances (from Fisherman and Railside). M-2 zoning, building is precast and metal cladding, four 5 ton cranes included.

Ideal for residential condos. Former Trinity Church, solid construction, functional design. 0.64 acres.

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

CENTRAL ONTARIO COVERING: #BSSJF t $PMMJOHXPPE t .VTLPLB t /PSUI #BZ t ,BXBSUIB -BLFT .JEMBOE t .FBGPSE t 1BJTMFZ t 1BSSZ 4PVOE t 0SJMMJB 0XFO 4PVOE t 4VECVSZ t 8BMLFSUPO For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

57

58

Volume 13 Issue 02

1194489

Commercial Real Estate & Business Opportunities

ÂŽ

DOUBLE CENTURION 2007

Harold Holmes Sales Representatives Bus: 705-325-1366 800-498-8775 Cell: 705-329-8915

Don Campbell Real Estate Ltd. Brokerage.

36 Andrew St. South, Orillia

harold.holmes@century21.ca

8133603_0513

$14,000,000 - 2162 ACRES WITH 1697 WORKABLE This Hillsdale property at 2026 Old Second N has three rental houses, wells to run pivots, good farm land for cash crops, potatoes, soya beans etc. The properties are all close to each other and some are connected.

There are numerous outbuildings for storage of crops and machinery. Current lease for crop land expires 2014. Property is close to major highways.

For further information call Harold Holmes at 705-325-8055 or email haroldholmes@sympatico.ca 0513_DJW_0046

0513_DJW_0047

0513_DJW_0048

moneysmarts

Central Ontario

W

For the love of investments

hile online investing offers a level playing field to women and men, there are differences between how the genders

tackle their investments. The largest motivator

driving women to become more involved in managing their investments is a life event. For men, it’s knowing how much money they have now, compared to what they will need in the future. “Women tell us their engagement is rooted in the future use of the investment such as saving for a child’s education; men on the other hand are more driven by achieving the target amount they have set for themselves,� said Michael MacDonald, vice-president of strategy at RBC Direct Investing. “The key motivator for each gender differs, but both recognize the importance of being knowledgeable and involved.�

they are good investors. MacDonald adds that there are many resources available to build that knowledge and gain confidence. For example, RBC Direct Investing offers to its online investors: t 1SBDUJDF "DDPVOUT a no-risk way to test investing strategies and develop investing skills, and t 1PSUGPMJP UPPMT UP IFMQ POMJOF JOWFTUPST CVJME UIFJS portfolios and chart their progress.

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Confidence also continues to be a divergent factor between the sexes. Men are more likely than women to agree that

Please say you saw it in The Commercial Investor

NC

0213_DJW_1_0012

0213_DJW_2_0041

E IC PR 00 W ,9 NE $59

0213_DJW_1_0408

FORMER THEATRE Storefront & two apartments, all downtwon Kirkland Lake. Presently vacant waiting for your new ideas.

Asking only $59,900. MLS 121571. Call Bill.

0213_DJW_1_0025

COTTAGE Montreal River, miles of Waterfront wilderness adventure. Over 14 acres. 3 bedroom cottage, set up & ready to take over. Water access only. $79,900.

MLS 112384. Call Bill.

0213_DJW_2_0009

LARGE BUILDING Updated & added onto in 1985, 3,600 sq’ plus garden centre 2,160 sq’ & storage building 1,000 sq’. Corner lot downtown Earlton. Many possibilities here. Asking only $69,900. MLS 102746. Call Bill.

WATERFRONT Almost 1 mile shoreline with 141 acres on beautiful long lake. Miles of excellent boating & fishing with great hunting as well. Well treed with lofty pines etc. Year round road, organized township, excellent potential to develop.

Robillard Twp. Asking $349,900. MLS 111637. Call Bill.

0213_DJW_1_0401

HOTEL Large bar/restaurant licensed for 206 people with 36 person patio. 2 bedroom apartment & 9 hotel rooms upstairs. Full basement, lots of parking. Busy main corner in Earlton. Many recent updates. Asking $249,000. MLS 122025. Call Bill

0213_DJW_1_0042

MONTREAL RIVER 168 Acres with over 900’ on the beautiful Montreal River. Just North of Elk Lake. Development potential.

Excellent boating, fishing, & hunting. Asking $179,900. Call Bill. MLS #122045

SPECTACULAR TEMAGAMI!

perry-wuest@coldwellbanker.ca

BAY LAKE 280’ Waterfront on beautiful Bay Lake with over 50 kms of excellent boating, fishing, & hunting available. 8 plus acres of towering pines & forest with 32’x40’ garage built in 2008.

Ready to just build your dream home or cottage get away.

Asking $179,900. Latchford. MLS 121144. Call Bill.

0213_DJW_2_0082

PRIME LOCATION Retail service, fuel, & more at the main corner in town overlooking the Beautiful Montreal River. Lots of potential to use this property for a variety of uses. Busy Mining, Forestry, & Tourist Area. Elk Lake. Building & Land Only. $199,900 MLS 120066. Call Bill.

Own one of the rare, road accessible homes on Lake Temagami! This solidly built home is on a gorgeous lot with amazing views and Southern exposure with a bright, vaulted ceiling, living room, pleasant kitchen and two bedrooms plus den. This one level home is intelligently designed and very comfortable. Asking $179,500. MLS 121771. Call Perry.

bill-byers@coldwellbanker.ca

WATERFRONT LOTS Long Lake, 25 miles of excellent boating, fishing & hunting. Approx. 3 acres each with road access.

Financing available with low down payment or rent to ownt. Unorganized Township near Charlton. $59,900 each. MLS 112047. Call Bill.

0213_DJW_1_0411

DEVELOPMENT POTENTIAL Approximately 80 acres with large Highway & Street frontage at the edge of Town in beautiful Elk Lake.

All services at the road. Asking $129,900. MLS 121140. Call Bill.

Bill Byers, Sales Representative Perry Wuest, Sales Representative

0213_DJW_2_0416

0213_DJW_1_0008

www.temiskamingrealty.com

0213_DJW_2_0400

BROKERAGE New Liskeard, Northern Ontario

E IC PR 500 W 9, NE $17

9857729_0513

1-866-557-1110 705-647-1110

TEMISKAMING REALTY LTD.,

E IC PR 900 W 9, NE $19

59

Commercial Real Estate & Business Opportunities

WELL ESTABLISHED RETAIL Located in the busiest section of the picturesque Town of Haileybury. Solid numbers generated out of a solid building. Asking $249,000. MLS 112207.

Please call Perry for more.

Please say you saw it in The Commercial Investor

Central Ontario

Volume 13 Issue 02

60

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO COVERING: -JOETBZ t 1FUFSCPSPVHI t 1PSU )PQF t #PXNBOWJMMF t $PCPVSH t 5SFOUPO t #FMMFWJMMF t ,JOHTUPO t /PSUIFBTUFSO 0OUBSJP For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 13 Issue 02

61

Commercial Real Estate & Business Opportunities 10002624_0513

William G. Bird Broker, CCIM CD Cell: 613-243-2767 Office: 613-969-9907

194 NORTH FRONT ST BELLEVILLE

Quinte Ltd., Brokerage* Quinte Ltd., Brokerage* * Each office Independently Owned & Operated * Each office Independently Owned & Operated

45 BRIDGE ST. BELLEVILLE

$285,000

$1,100,000

Large Commercial lot 100 ft by 113. Zoned C3 on Belleville busiest street. Fully leased site offers unlimited opportunities for development, across from McDonald’s.

Call listing agent Bill Bird at 613-968-8753 or email williambird@cogeco.ca for information package 0513_DJW_0011

For a 32,000 sq ft building in the Heart of Downtown Bellevile. Zoned C2-4 lends itself to redevelopment. Large lot with ample parking.

Site offers high visibility in a heavy traffic area. Near new Ontario Court Building. Call listing agent Bill Bird at 613-968-8753 or email williambird@cogeco.ca for information package.

0513_DJW_0012

PUBLIC SCHOOL BUILDING

DOWNTOWN BELLEVILLE $299,900

$299,000

5 acres of land, 12,066 sq ft in size. Excellent condition and location. Call listing agent Bill Bird at 613-968-8753 or e-mail williambird@cogeco.ca for information package.

0513_DJW_0013

0513_DJW_0050

BUSINESS FOR SALE

PLAZA

Located in Belleville.

Sale includes land and buildings. Over 20 years in business.

Long term employees. 3 1/2 acres of land plus 8500 sq. ft. building. Zoned site is industrial. Ample contracts to fill. Call listing agent Bill Bird at 613968-8753 or e-mail williambird@cogeco. ca for information package.

0513_DJW_0051

$1,100,000

$1,312,366

Eastern Ontario

$1.800,000

4 storey building with store and 4 apartments.

Building has been upgraded to meet Fire Codes. New roof. Features a 10% Cap Rate.

Owners will lease store for 5 years.

Call listing agent Bill Bird at 613-968-8753 or email williambird@ cogeco.ca for information package.

Located in developing area. Long term tenants, 6 units. Ample parking & high exposure 9% Cap rate.

SCRAP YARD

0513_DJW_0052

Several years in business. Located on year round road. Yard is 5 acres in size.

Proper zoning in place. Located near Kingston and along side near the 401

0513_DJW_0053

In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing.

Please say you saw it in The Commercial Investor

62 inthenews

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Continued from Page 49

intensification is increasing, transforming urban centres as suburban retail players join forces with office and residential experts to acquire sites for mixed-use developments. Going forward, retailers will continue their balancing act between “bricks and clicks”, responding to evolving consumer habits with smallformat stores, virtual stores, electronic coupons and mobile apps as emerging trends that will redefine the retail landscape of the future.

residential assets) exceeding the previous peak of $24 billion (CAD) in 2007. Early indications point to record investment volumes for a number of markets, including Vancouver, Calgary, Toronto and Ottawa. No matter the final result, 2012 was a year of big deals, ranging from blockbuster, single-asset acquisitions - Scotia Plaza (100 per cent interest) and TD Canada Trust Tower (50 per cent interest) in the heart of Toronto’s financial core by Dundee and H&R REITs and Public Sector Pension Investment Board, respectively - to notable M & A activity, including the takeout of CANMARC and Whiterock by Cominar and Dundee, respectively, to IPOs by Dundee Industrial REIT and Regal Lifestyle Communities.

Industrial: Canada’s 1.8-billion-sq.-ft. (bsf) industrial market has seen vacancy decline steadily from a recession high of 6.3 per cent in 2009 to 4.7 per cent in late 2012. Space shortages are evident in the Western markets, which posted a combined vacancy rate of 3.7 per cent in 2012 - 100 bps below the national average. In the West, industrial vacancy rates ranged from a low of 2 per cent in Winnipeg (-10 bps) - edging out Lethbridge (-70 bps to 2.2 per cent) and Regina (+20 bps to 2.3 per cent) - to a high of 4.8 per cent in Calgary (-10 bps). The West’s largest industrial market, Vancouver, finished 2012 at 3.6 per cent, plunging 100 bps during the last year - the most improved of any of the industrial markets.

Rounding off the West was Edmonton (+40 bps to 4.4 per cent). This year, with the exception of Edmonton which will remain unchanged, vacancy is expected to climb in the remaining Western markets by between 10 and 170 bps with the biggest jump coming in Calgary, owing largely to the delivery of new supply.

While the investor profile remains varied, the $1.3-billion sale of Scotia Plaza, among others, established REITs as aggressive buyers who can go head-to-head with - and outbid - the pension funds for coveted assets. This environment has pushed capitalization rates for top-tier, well-leased assets in core locations to historic levels, with every transaction setting a new benchmark low. Every market had its special story or trend, be it in Edmonton, where land was the most actively traded property type as development became an alternative to purchasing highly priced existing properties, or Vancouver, where the battle for yield pushed up pricing and the prevalence of off-market deals increased again.

In contrast, the Eastern industrial markets were higher but respectable at 5.1 per cent - 40 bps above the national average. The country’s largest market, Toronto, saw its vacancy rate inch up 20 bps to 5.1 per cent towards the end of 2012, while Halifax recorded the biggest annual jump - up 100 bps to 6.6 per cent. Elsewhere in the East, vacancy rates trended downwards, led by the tightest market, Ottawa (-90 bps to 2.5 per cent), Montreal (-30 bps to 5.4 per cent) and Mississauga/Toronto West (-10 bps to 5.7 per cent). By the end of 2013, industrial vacancy rates are expected to fall in Halifax (-60 bps to 6 per cent), hold firm in Mississauga/Toronto West (5.7 per cent) and rise in Toronto (+40 bps to 5.5 per cent), Ottawa (+50 bps to 3 per cent) and Montreal (+10 bps to 5.5 per cent).

Developers in most cities responded to tight market conditions with build-to-suit and speculative construction – with increased demand, especially from U.S.-based corporations, for facilities offering higher clear heights and multiple large bays. This year will be similar to 2012, with new supply prompting a moderate rise in vacancy, slightly above the 5 per cent range. Look for older, dysfunctional stock to be demolished, while manufacturing facilities are repurposed for distribution uses.

Investment: Supported by healthy underlying property market fundamentals (low vacancy and stable-to-rising rental rates), attractively priced capital and all-time-low borrowing costs, the commercial real estate investment sector had an exceptional 2012, and with the overall tally still to come, it may very well end up being a record year with sales volume (for office, industrial, retail and multi-

The same forces that were at play in 2012 will continue to fuel the flow of capital to real estate throughout 2013. However, the usual risks remain: the threat of rising interest rates (though the consensus is that they will remain low in the short- to medium-term), less product coming to the market, and the possibility that prices for top-tier assets have already reached a plateau. Some buyers are taking precautions by financing (or refinancing) assets over longer periods, while others are opting for development. There is also a growing sense that the risk premium to real estate is narrowing and that the focus will turn to driving net operating income. Further cap rate compression will likely make acquisitions less accretive for REITs, laying the groundwork for increased M & A activity (e.g.

KingSett - Primaris) and REIT formations (e.g. Loblaws and HBC).

U.S. Office: The 10.2-bsf U.S. office market registered an overall vacancy rate of 12.1 per cent as year-end 2012 approached, reflecting a slight improvement compared with 2011. Class A properties accounted for the bulk of net absorption in 2012 as the flight-to-quality trend continued and tenants sought to lock-in favorable rates.

As a result, class A vacancy declined 50 bps to 13.6 per cent from 14.1 per cent at the end of 2011. Tenants continued to enjoy favorable conditions with tech- and energy-driven markets experiencing the greatest levels of positive absorption.

The 17 U.S. markets Avison Young tracked for this report comprise 2.8 bsf with an overall vacancy rate of 15.1 per cent, down slightly from that of year-end 2011. A majority of Avison Young markets are forecasting further improvement in 2013; however, vacancy in the U.S. markets will likely remain elevated overall when compared with Canada. Among Avison Young markets, New Jersey recorded the highest 2012 vacancy (+50 bps to 25.5 per cent), with flat market conditions expected in 2013. Although down slightly from 2011, vacancy rates in Atlanta (-100 bps to 19.9 per cent) and Detroit (-70 bps to 19.8 per cent) remained high in 2012. The lowest vacancy rates were recorded in Pittsburgh (8.1 per cent), where rents have risen to new levels; San Francisco (9.9 per cent), where large-tenant movement is driving the market; and Manhattan (10.6 per cent).

Manhattan, the largest U.S. office market, reported flat absorption and rents in 2012; however, employment growth is leading to positive absorption and vacancy could return to single digits by year-end 2013. At the submarket level, the steady delivery of new space at World Trade Center and World Financial Center could push vacancy into the teens for downtown class A space.

With minimal new office construction and a lower unemployment rate, Reno experienced the biggest improvement (-330 bps to 16.4 per cent) in office vacancy from 2011 to 2012. The Las Vegas market is showing signs of slow recovery; while 2012 saw no change in vacancy rates, there is a -90 bps projected change by yearend 2013. Only four markets expect to see increased vacancy in 2013, with the

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

63 8177055_0513

Commercial Real Estate & Business Opportunities

ProAlliance Realty Brokerage Independently Owned & Operated

BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative

Office: 613-966-6060

E-mail: bruce@cookeproperties.com

www.brucecooke.com

MATTHEW COOKE B.COMM MEAGHAN COOKE BA, Sales Representative

Sales Representative

Office: 613-966-6060 Direct: 613-243-5146

Office: 613-966-6060 Direct: 613-243-3949

matthew@cookeproperties.com

$495,000 INVESTMENT PROPERTY 10.3% CAP RATE INDUSTRIAL 56,555 SF BUILDING $1,980,000

meaghancooke@hotmail.com

$259,900 AUTO SALES & REPAIR FACILITY

D L O S 2 long term tenants, net income $51,012/yr. Great location, Gov- Located 1.5 hrs East of Toronto on 5.7 acre site. Ceiling height 24 ft Corner City lot with 3 bays, office area with reception. The building ernment anchor tenant. Attractive building in the Central Business clear. 7 drive in doors. Hwy #401 exposure, several overhead cranes. is in excellent condition.

District.

0513_DJW_3_0106 Also available for lease.

0513_DJW_1_0107 0513_DJW_4_0044

$825,000 TRIPLE NET LEASE LONG TERM TENANT

$270,000 COMMERCIAL 1500 SF BLDG

$474,000 INVESTMENT PROPERTY 10.74% CAP RATE

9.5% cap rate net income $78,457. National Tenant KFC. Trenton. Great location for this automotive repair bldg. 4 roll up doors. Lot is High traffic location, National tenants, 2 buildings, great location, Corner lot, fantastic location. Carefree lease. fenced for secure storage. good condition. Dollar Plus and LCBO Tenants. Call Meaghan.

0513_DJW_1_0126

0513_DJW_3_0104

0513_DJW_1_0127

inthenews

Retail: U.S. retail markets held steady with an average vacancy of 6.9 per cent - unchanged for four quarters - and were kept in check by a dearth of new supply.

Delivery of new retail product has fallen each year since 2008 and, in 2012, 46 msf was delivered. Power centers are outperforming retail as a whole and posted a 6.2 per cent vacancy rate nationwide.

Many Avison Young markets report expansion of discount and big-box retailers. Select submarkets in Charleston and Houston have improving retail due to population increases; Boston is seeing further stabilization; San Francisco reports steady retail comeback and limited construction; New Jersey welcomed several new retailers and substantial development, with nearly 3.5 msf of new inventory going under construction in 2012. Two of Raleigh-Durham’s largest malls finished 2012 with vacancy below 0.5 per cent, and retail development activity there increased to the highest levels witnessed since 2008, with slightly more than 859,000 sf scheduled for delivery in 2013.

Industrial: Avison Young industrial markets totaled 6.6 bsf with an average vacancy rate of 8.8 per cent as of third-quarter 2012 - nearly double the vacancy found in Avison Young’s Canadian markets. Chicago (1.2 bsf) and Los Angeles (1.1 bsf) are the largest U.S. industrial markets, with vacancy rates of 9.6 per cent and 4.5 per

cent, respectively. Charleston saw the biggest decrease in vacancy, ending 2011 at 12.1 per cent and dropping to 9.9 per cent in 2012. Reno was the only city to see an increase in industrial vacancy during 2012 (+20 bps) and all but two U.S. markets are expecting further declines in vacancy during 2013.

Dallas (+10 bps) is experiencing growth of warehouse/distribution space around the city’s inland port and, in the Houston market (+30 bps), oil and gas drilling activity is fueling manufacturing and the Port of Houston’s expansion. Atlanta should continue to experience positive absorption in 2013 with the largest projected drop (-400 bps) in vacancy. The anticipated expansion of the Panama Canal is spurring speculative development and aggressive land acquisitions in South Florida, while in Detroit, industrial rents are primed to rise following four quarters of positive absorption.

Investment: Through third-quarter 2012, total investment volume for multi-residential, office, industrial and retail properties topped $163 billion, demonstrating stabilization after second-quarter sales volumes for all property types (except multi-residential) fell year over year. Demand for core assets with stable cash flow exceeded the available product in many U.S. markets. Manhattan led the country in office sales with $7.8 billion, followed by San Francisco with $3.9 billion and Los Angeles with $3.1 billion. In Boston, the volume of industrial purchases doubled from 2011 to 2012. Capital flow into the U.S. continued in 2012 as cross-border investors accounted for $20.3 billion in sales by midDecember. Canadian buyers alone purchased $7.5 billion in multi-residential, office, industrial and retail assets. Avison Young anticipates growing opportunities in the U.S. for investors willing to look to non-coastal locations and expects most markets to experience uncertainty and further, albeit modest, recovery in 2013.

Founded in 1978, Avison Young is Canada’s largest independently-owned commercial real estate services company.

Headquartered in Toronto, Ontario, Avison Young is also the largest Canadian-owned, principal-managed commercial real estate brokerage firm in North America. Comprising more than 1,100 real estate professionals in 43 offices across Canada and the U.S., the full-service commercial real estate company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.

Please say you saw it in The Commercial Investor

Eastern Ontario

largest increase being in Washington, DC. (+60 bps), where there are threats of federal spending cutbacks and where 4 msf of office space is set to be delivered this year.

64

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

NIAGARA COVERING: /JBHBSB 'BMMT t /JBHBSB PO UIF -BLF t 4U $BUIBSJOFT t 5IPSPME t 8FMMBOE t 'PSU &SJF t #FBNTWJMMF t 'POUIJMM t 1PSU $PMCPSOF For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

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Commercial Real Estate & Business Opportunities

8494906_0513

FOR SALE Tony Tripodi

Garden City Realty Inc

Brokerage Independently Owned & Operated

905-641-1110

*INDUSTRIAL* *COMMERCIAL* *INVESTMENT*

Broker

8181576_0513

ST. CATHARINES

Located in St. Catharines industrial park, 16,500 sq ft block building on approx. 2 acres of land. Six individual, self-contained units. Some leased. One with loading dock and levelers. Separate utilities. 16 and 18 ft. clear ceilings. Asking $749,000. Terms may be available to qualified buyer.

0513_DJW_2_0015

20 ACRES ZONED RESIDENTIAL DEVELOPMENT (154 LOTS) MUNICIPAL SERVICES AT 3 STUB ROADS PANORAMIC VIEWS OF LAKE AND TORONTO SKYLINE BACKING ONTO NATURAL AREA AND GREENBELT NEW PRICE $5,900,000.00

0513_DJW_1_0103

ST. CATHARINES

0513_DJW_0083

NIAGARA FALLS Restaurant/Bar knows as “The Niagara”. Everything in place and spotless condition. Just walk in and start making money. Included is the building, all equipment, chattles. Licensed LLBO for 200 including the patio. Corner of Queen and Chrysler, in the revitalized commercial area of downtown. Terms may be available to qualified buyer. Asking $359,500.

8171489_0513

0513_DJW_0084

WWW.NIAGARALAND.COM info@niagaraland.com 905-563-0600

FOR LEASE LAKE/CARLTON PLAZA - Centrally located retail/office plaza with high profile existing tenants including Shoppers Drug Mart, HSBC, medical clinic, etc. Space available up to 5,000 sq. ft. Asking $15.00 sq. ft. net, with some tenants assistance available. Call today for details.

Please say you saw it in The Commercial Investor

Niagara Peninsula

$649,000. That’s the asking price for a 10 room motel, one 2 storey, 3 bedroom house, 5000 sq ft. barn, all approximately 3 acres of land. Located 1 km from a new shopping mall now being built. Do not wait. Call today.

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Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

The “Street Smart Real Estate Appraiser” –

Are you Attached?

M

y last article was about “A Plan” as it could relate to property appraisal when purchasing a property. The Plan needs to include a series of questions: why do I need this property, what are my choices (lease or purchase), could I build it new, how do I finance it, what do I think about the economy and the political climate, what is my exit strategy, do I need more money after I purchase for renovations, etc. The answer to these questions will help develop the overall Plan and aid in the purchase of the property. These are some of the questions a real estate appraiser should ask himself when appraising a property for a client. Ultimately does the Plan make logical sense?

What I have found in the 20 plus years in the real estate industry is there is always someone that understands a property better than I do! Who are these other real estate pros? What do they think?

What do they see? Why should I find them? What’s important to them? Why do they buy?

In my opinion, some of these people include: the Property Owners, Property Managers, Developers, Brokers, Builders, Bankers, Accountants, Lawyers, Business Owners, Engineers, Architects, Consultants.... etc. These people offer an important contribution to the valuation of a property because they are industry specific professionals. Depending on the property being appraised, it’s best to talk to these people, understand what they think, know and see, and ultimately get their “trade secrets”. The mission - become a “STREET SMART APPRAISER”!!

I once again turned to a professional; typically I talk with professionals that service the property industry to facilitate day to day business. One of the real estate valuation techniques I’ll give you is “Are you Attached”!

Harry Korosis emphasized this appraisal “technique”.

Harry is a member of Chown, Cairns’ Business Law and Litigation teams and his practice covers a broad range of business law and commercial litigation matters. Harry’s business law experience includes advising and/or acting in respect of the incorporation and organization of new businesses; acquisitions, financing and sales of existing businesses; residential and commercial real estate transactions; municipal land use and land development; commercial leasing; regulatory compliance; estate planning; and corporate re-organizations.

Niagara Peninsula

Owing a property for several years and sometimes several generations will make it difficult to do an unbiased valuation. The owner of real estate often develops an emotional attachment to the land and/or buildings that form a property. Often a Seller can’t cut themself loose of a property to make a deal when they know they should, only to holdout for a value that is not attainable or defendable.

Owners are sometimes clouded by emotion; they need to try to disconnect themselves with their specific property history. Retaining a third party to bring rational and logical valuation approaches is critical. Can anyone else see the premium in the market value sought by the Seller? Hopefully, other professionals in the real estate industry will have the guts to tell the individuals that they are “Attached.”

Please email me your “Street Smart Real Estate Appraisal” advice to - todd.crawford@dtzbarnicke.com.

Todd Crawford is a Designated AACI Real Estate Appraiser, Broker, Consultant, Investor, Property Manager and Business Partner specializing in Commercial Real Estate with DTZ a world wide real estate service firm.

8646421_0513 Please say you saw it in The Commercial Investor

Volume 13 Issue 02

67

Commercial Real Estate & Business Opportunities

www.dtzbarnicke.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9

905-354-7413

9866060_0513

4318 PORTAGE ROAD, NIAGARA FALLS

13 LYMAN STREET, ST. CATHARINES

2 storey commercial/office building in Downtown Property features full basement, lunch room, 2 washrooms and numerous treatment rooms On site parking for 3 vehicles Steel roof - guaranteed 50 years All windows (15) replaced within past 5 yrs - thermal pane glass Great for medical practice, architects, lawyers, accountants and other office professionals

OFFERED AT: $3,600,000 Contact: Todd Crawford, Broker Todd.crawford@dtzbarnicke.com Ralph Roselli, Sales Representative Ralph.roselli@dtzbarnicke.com

0513_DJW_1_0064

COMMERCIAL BUILDING

Large office building +20,000 sq. ft.

Zoned GC - General Commercial 3.41 acres - subject to severance Close to local amenities Great exposure in a high traffic location Ample on-site paved parking +9,000 sq. ft. shell unit currently vacant at rear of property

0513_DJW_0030

ANCHOR TENANT CITIZENSHIP & IMMIGRATION OF CANADA

OFFERED AT: $295,000 Contact: Taylor Wilson, Broker of Record taylor.wilson@dtzbarnicke.com

4977 KING STREET, BEAMSVILLE

6303 LUNDY’S LANE, NIAGARA FALLS

5-PLEX

INVESTMENT PROPERTY

INVESTMENT PROPERTY

Very well maintained building 1 - 2 bedroom apartment 4 - large 3 bedroom units Parking for 10 vehicles New thermal windows in upper units Updated fire & hydro Sprinkler system Security - Coin laundry OFFERED AT: $549,000 Contact: Ralph Roselli, Sales Rep Ralph.roselli@dtzbarnicke.com

Mixed use proeprty - 3,564 sf Main floor Retail with stunning craftmanship Business Relocating Large executive 1 bedroom apt. over Many recent updates Located in the downtown core OFFERED AT: $379,000 Contact: Greg Chew Sales Representative Greg.chew@dtzbarnicke.com

Mixed use property - 4,200 sf 2 separate buildings 3 commercial units & 1 residential unit High traffic location Situated on corner of Leonard Street Zoned: GC - General Commercial Located in tourist district OFFERED AT: $615,000 Contact:Max R. Bailey Broker max.bailey@dtzbarnicke.com

44 METCALFE STREET, THOROLD

ED

C

DU

BROKERAGE APPRAISALS MANAGEMENT

Connected Globally. Focused Locally.

Please say you saw it in The Commercial Investor

Niagara Peninsula

0513_DJW_1_0067

0513_DJW_0031

0513_DJW_1_0071

RE

68 inthenews

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Thawing out from four-year freeze: Canadian investors express confidence

Biggest retirement concern?

Running out of money, according to 46 per cent of survey respondents

C

anadian investors are more

The survey also found:

certain of their investment

t More men identify themselves as opportunistic, risk-taking or analytical at 47 per cent than women at 35 per cent.

personality traits in 2013 and

t 0O B SFHJPOBM CBTJT "MCFSUBOT BSF UIF CJHHFTU SJTL UBLFST BU QFS DFOU while Ontarians and Quebeckers are more risk-averse at 13 per cent.

greater numbers are open

t .FO BSF TJHOJmDBOUMZ NPSF SJTL UBLJOH QFS DFOU UIBO XPNFO QFS DFOU

to taking risks, according to Franklin Templeton Investments’ latest research.

The January 2013 survey found that 82 per cent of investors identify themselves as having a specific investment personality, up from 68 per cent in 2009. The percentage of investors who identify themselves as ‘risk-taking’ has increased to 14 per cent, up from a relatively steady eight per cent in the past four years*. “Canadian investors are becoming more confident and open to taking risks than at any time since Franklin Templeton started its investor personality research in 2009,� said Don Reed, president and CEO of Franklin Templeton Investments Corp.

The survey hosted on the Angus Reid Forum also found that 46 per cent of investors are worried about running out of money in retirement. Only 11 per cent have no financial concerns about retirement. “Since 2008, many people have moved their retirement savings into low-yielding bonds and cash, so any investment growth has lost out to inflation,� said Mr. Reed.“To help grow their RSP, Canadians need to invest in the equity markets over the long-term. One way to get back into the markets is to dollar-cost average into an equity mutual fund or balanced fund.�

t 1FPQMF BSF MFTT XPSSJFE BCPVU SVOOJOH PVU PG NPOFZ JO SFUJSFNFOU PODF UIFZ BSF BHFE PS PWFS QFS DFOU DPNQBSFE UP UIPTF BHFE QFS DFOU BOE QFS DFOU

t 0O B SFHJPOBM CBTJT #SJUJTI $PMVNCJBOT BSF IJHIMZ MJLFMZ UP IBWF mOBODJBM concerns about retirement at 90 per cent, compared with Quebeckers who were the least concerned at 86 per cent. Albertans were most concerned about running out of money in retirement at 51 per cent, while #SJUJTI $PMVNCJBOT XFSF UIF MFBTU DPODFSOFE BU QFS DFOU t &OHMJTI TQFBLJOH $BOBEJBOT BSF NPSF MJLFMZ UP IBWF mOBODJBM DPODFSOT BCPVU SFUJSFNFOU QFS DFOU UIBO UIFJS 'SFODI TQFBLJOH DPVOUFSQBSUT QFS DFOU

t 8IFO JU DPNFT UP UIJOLJOH BCPVU UIFJS SFUJSFNFOU TBWJOHT BOE JOWFTUNFOUT BMNPTU UISFF RVBSUFST QFS DFOU IBWF MJUUMF PS OP TUSFTT About the survey: From January 15 and 16, 2013, an online survey was conducted among 946 randomly selected Canadian adults who currently invest in stocks, bonds or mutual funds or have done so in the past five years, and who are Angus Reid Forum panelists. The margin of error which measures sampling variability is +/- 3.05%, or 19 times out of 20. The results have been statistically weighted according to the most current education, age, gender and region census data. Discrepancies in or between totals are due to rounding.

About Franklin Templeton Investments: Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Bissett, Mutual Series, Fiduciary Trust and Darby investment teams. The San Mateo, CAbased company has more than 65 years of investment experience and over US$781 billion (over C$776 billion) in assets under management as of December 31, 2012.

Franklin Templeton Investments Corp. has more than 600 employees providing services to more than one million unitholder accounts and more than 200 pension funds, foundations and other institutional investors. Additional information on Franklin Templeton Investments Corp. can be found at www.franklintempleton.ca *From 2009 - 2012, an online survey was conducted each year among about 1000 randomly selected Canadian adults who currently invest in stocks, bonds or mutual funds, or have done so in the past five years, and who are Angus Reid Forum panelists. Questions are tracking and data is comparable year-over-year.

SOURCE: Franklin Templeton Investments Corp.

Please say you saw it in The Commercial Investor

Volume 13 Issue 02

69

Commercial Real Estate & Business Opportunities

#1 COLDWELL BANKER REPRESENTATIVE

IN THE

NIAGARA REGION ADVANTAGE REAL ESTATE BROKERAGE

Steve Dube Sales Representative

Independently Owned & Operated

www.niagaracommercial.ca 905-788-3232

$75,000 AND RENTED

6 PLEX

STUNNING 10 UNITS

ID #1958, 2 bedroom bungalow in move in condition. Deep lot backing on to lane way, all enw flooring, believe it or not but it is the 3 C’s, cute, clean cozy! $750 plus utilities.

ID #2198, 3 storey 6 plex with $100,000 in renovations in the past year.

5 hydro meters, 4 gas meters, 5 hot water tank. Net income $25,824 with rents too low/but most long term tenants. 1 1-bdrm, 2 2-bdrm, 3 3-bdrms.

The foundation has full weeping tile, tons of outside and inside reno’s, just completed. Asking $315,000.outside and inside reno’s, just completed.

0513_DJW_4_0075 Asking $315,000.

ID#2138, 2 buildings, 10 units. (8 res. & 2 com), all completely renovated to be better than new, owner spared no cost. Gross income when fully rented is $94,200.

Last year’s expenses were $24,348.90. Each unit pays own hydro, has separate thermostats for heating and C/A, intercoms, new appliances and access to coin laundry.

STUNNING and Asking $799,000.for heating and C/A, intercoms, new appliances and 0513_DJW_1_0470 access to coin laundry. STUNNING and Asking $799,000.

0513_DJW_0073

NIAGARA COUNTERTOPS ID #2438. Great money maker, servicing Niagara for over 20 years.

36,340 sq ft of manufacturing space plus separate granite storage building all owned and included along with equipment. 29 employees and very busy. Ower is retiring and willing to train but it could run itself. Asking $2,500,000.

0513_DJW_2_0051

6000 SQ FT INDUSTRIAL

NIAGARA FALLS TOURIST LOT

5 COMMERCIAL UNITS

ID#2338, 6000 sqft industrial building that once was a thriving business with 1.05 acres of land and the majority of it is fenced in. It was an auto body and mechanics business. 3 bay doors, 20-10 ft and 1-2 ft. Waiting room with office space attached and some upper storage.

Asking $249,900.storage. Asking $249,900.

0513_DJW_1_0472

ID#2598, Great lot right in the Heart of Tourist area of Niagara Falls, Canada. You can build almsot anything here with this kind of commercial tourist zoning. Allowance for high rise building, fast food restaurant, etc. Lot 100x200 irregular. Neighbouring lots selling to add size. Great corner location. Asking $1,150,000.add size. Great 0513_DJW_0076 corner location. Asking $1,150,000.

ID#1908, 5 commercial unit building with potential income of $33,000 gross annually. 5 units consist of the following sqft & income; 1200 sq ft - $750 plus gas, 500 sq ft - $350, 400 sqft -$250, 580 sqft - $400 presently vacant, 1700 sq ft with paint licensed paint booth - owner occupied but could be $1000. Busy street with store front $149,900.booth - owner occupied but could be $1000. Busy street with store front $149,900. 0513_DJW_1_0123

EXCAVATING BUSINESSPARK

23.96 ACRE YEAR ROUND MOBILE PARK

21,500 SQ FT

ID#2328, 28 presently renting space. 77 more lots are approved.

New well with newer ‘state of the art’ water filter system ($100,000 value) yearly income approx $114,000. Great country setting.

Asking $899.000.

0513_DOREENW_1_0153

ID#2238, Only building for sale. 13,000 sqft of office space PLUS 8000+ sqft of manufacturing/warehouse space. All in great shape and presently used as the local newspaper headquarters. Loading doors at street & dock level. Parking for 30 vehicles. Asking $499,000.

0513_DJW_1_0439

OFFICE SPACE

BUILDING & BUSINESS

NORTH TOWN PLAZA RENTAL

ID#2218, Different office spaces available, 500-5000 sqft. All beside the new City Hall building and across the street from the Court House.

Best office location in town! Small office available for under $500 per month exclusing utilities. Building in superb condition. Landlord willing to accmmodate.Landlord willing to accmmodate.

ID #2128, Flooring business for 50 years and same location for 27 years. Very well known as imperial tile & carpet, 4800 sq ft block construction includes 2 stock rooms plus a showroom, office and bathroom. 2 bay doors. Asking $299,900.

ID #2118, Excellent Location! High traffic plaza. Ample parking.

Previously occupied by medical clinic, the unit suits the best for the same use. Fully renovated in 2010, excellent turn key condition. Can be subdivided into 3 separate units. One unit can have direct access into Pharmacy.access into Pharmacy.

0513_DJW_0074

ID#2068, Busiest guy in town. Land, equipment and training included. Main busiest: sewers, water lines, weeping tiles, trenching and snow removal. Heavy industrial lot 240x116 with insulated Quonset hut, plus separate office building. Asking $274,900 for everything.

0513_DJW_2_0068

0513_DJW_0075

0513_DJW_0072

Please say you saw it in The Commercial Investor

Niagara Peninsula

8306541_0513

PAGER:

70

Commercial Real Estate & Business Opportunities

Volume 13 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTOR The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: t or Email: EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN

Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 13 Issue 02

71

Commercial Real Estate & Business Opportunities

Mortgages

What is the best real estate investment direction for a Real Estate investor?

What should I buy? Several single family, duplexes, triplexes, and/or up to 5 units? Or should I take the direction of (commercial) 6 units plus?

Q

: What are the Banks’ criteria for residential single family up to 5 units?

A: Lending criteria has drastically changed in the past year. We are no longer able to achieve high ratio loans above 80% on these types of loans and properties. It has become very challenging to acquire financing in this arena of investing.

Income is a major factor. You must be in a position to confirm your income. This makes it much more challenging when you are self employed or a contract worker. Credit scores are also critical.

If this is a direction you wish to choose, please confirm that your income is verifiable and that your credit scores are above 650. A lender will also take into consideration all of the other properties owned in this real estate class (residential). Only 50% of the rental income will be considered on the subject property and 100% of the debt (along with any other currently owned) when assessing your qualification. The majority of the lenders do have a minimum loan amount of $80k.

Please take note if the circumstance is different there may be a way to qualify; the above statement is based on general lending criteria.

Q

: What are the Banks’ criteria for commercial lending on multiresidential 6 units plus?

A: It is unbelievably easier to obtain a commercial mortgage (meaning 6 units plus) at a higher loan to value. CMHC will allow for up to 85% financing. Yes, CMHC can be a bit challenging to work with as their due diligence is time consuming and thorough. However, it is within reach whether you are self employed or salaried. Your personal income will be secondary as the primary income source for debt service is the rental income on the property. Other real estate assets are a positive attribute and work towards building greater overall net worth. Good credit is a must; lenders will not entertain a poor credit scenario. If you are considering a multi-residential property, please confirm that the debt coverage ratio is above 1.2 (see below for formula*). Please also note that location is a major determining factor in the approval process. 75% Loan-to-Value (LTV) conventional financing is also available with a possible vendor take back if the numbers on the property will support it. This is far less in cumbersome. *Debt Coverage Ratio = Annual Net Income/Annual Mortgage Payment

Q

: What benefit do I have when purchasing multi-residential (6 units+) versus residential (1-5 units)?

A: This depends on each investor’s objectives in investing in real estate and their exit strategy. However, multi-residential from my own experience does come with many benefits. The first would be in the ability to acquire and obtain a mortgage as described above. Second, management is the key to a successful asset, with having multiple units under one roof; it makes this appealing to larger management companies. You must have a solid, trustworthy and reputable company managing your assets. Third, it is much easier to sell off a cash flowing multi-residential property for liquidity purposes. There are economies of scale having many units under one roof. For example, if there are any vacancies, the impact is offset by the revenue from other units and may be handled without costing from your own pocket.

Q

: What direction do I take in real estate investing?

A: This is really a personal perspective and can only really be determined by a personal evaluation from an experienced financier bearing in mind an understanding of one’s ultimate objectives. If you have income that can support the purchase of multiple single-family properties, there are great options for you (i.e.

Rent to Own and other strategies). This also may be a great starting point for one to get their feet wet with a smaller investment.

If you have some funds that are accessible and your credit score is good, then multi-residential would be a good direction for those interested in a long term investment, a rehabilitation project and/or a possible retirement nest egg.

Q

: Is it wise to find investment partners when getting involved in real estate investment?

A: Based on experience, yes it could be a great strategy allowing you to acquire additional properties. It allows for the ability to arrange additional mortgages and divides the debt and risk amongst multiple investors rather than just yourself. I would however confirm that the parties involved are like minded, have the resources and have the same exit strategy in mind. Proper legal agreements are really necessary regardless (even if it is a close relationship in order to avoid any future misunderstandings or changes in circumstance).

Carmen Campagnaro

A member of

Carmen@profunds.ca

XXX 1SPGVOET DB r JOWFTU!QSPGVOET DB

1.888.330.3866

3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_0513

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Business Investor

President Pro Funds Mortgages lic# M08002562

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Volume 13 Issue 02

Commercial Real Estate & Business Opportunities

O

W ITY NE TUN OR PP

DOORS SALES AND INSTALLATION

The company sells and installs overhead doors, installing doors for new construction condominiums and high-rise rental apartments and distributing equipment and parts.

Operating over 30 years - revenues are in the $5.5M range and earnings in the $400K range.

SO

LD

CIVIL ENGINEERING FIRM

BOWLING CENTER Well established center operating over 45 years and located 2 hours East of GTA. Employs 2 ft. & 20 pt. Newly upgraded with revenues in the $500K range and discretionary earnings in the $100K range.

Located in Western Ontario - operating over 30 years, Company provides structural and civil engineering services, feasibility studies, construction site inspections and administration services.

Revenues for 2011 are at $1.4M and earnings are in the $350K range.

R DE UN FFER O

PLASTIC INJECTION COMPANY

TRUCK & CAR RENTAL

HOME DECOR PRODUCTS DISTRIBUTOR

Operating over 30 years and servicing the automotive industry the company employs 16 ft and generates over $2 million in revenues with earnings in the $350K range. Ownership will remain as needed to transition the business.

The Company is a wholesale distributor of branded and private label home decor items, including bath, kitchen, and dining products, to the mass merchant, department store, and retail market. Revenues $6.9 Million and earnings in the $1.4 million range.

MATERIAL HANDLING PROVIDER

LIFT TRUCKS AND HANDLING EQUIPMENT

Business has been operating over 30 years, dealing in ferrous and nonferrous metals - with 14 employees business generates revenues in the $10 million range with earnings in the $1.5 million range.

Located one hour west of GTA. Company specializes in services ranging from equipment safety inspections and repairs to engineering design and fabrication. Over 700 accounts in Ontario generate revenues in $7 million range and earnings in the $800K range.

The company sells, rents and services handling and racking equipment serving the farm and construction industry. Located one hour west of GTA with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.

INDUSTRIAL DE-SCALING AND PROTECTIVE COATING CONTRACTOR

HOME CAREGIVER

METAL FABRICATION & WELDING

Non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companionship, transportation services, personal care, laundry, respite care, recreational activities, 24-hour care, live-in care, and palliative care.

Revenues are $1.2 Million and earnings are in the $225,000 range.

Company operating over 20 years in Northeastern Ontario. 18 FT Certified well-trained employees provide diverse services in metal and structural fabrication. Revenues in the $3.5 M range with earnings in the $700K range.

Founded more than 40 years ago, the company is a multi-location truck, car and trailer rental dealer with offices throughout Southern Ontario. It has developed a recurring customer base 400+ accounts, generating over $4 million in revenue and earnings in the $2 million range.

R DE UN FFER O METAL

RECYCLING

Business Investor

The Company, located in Southern Ontario has been operating over 30 years specializing in general painting, lead abatement, bridge painting and water tower restoration among other services to various industrial sectors.

Company generates revenues in the $5 million range and earnings in the $1 million range.

“Selling Your Business is our Business�

416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor

8157086_0513

H

A

M

I

L

T

O

N 8148414_0513

Mazhar Roshan Sales Representative

905.929.9800

Direct

905.318.3800

24 Hr. Pager

BROKERAGE

mazharroshan@sympatico.ca mazharroshan@hotmail.com BUSINESS FOR SALE ONLY $499,000

RETAIL STONEY CREEK MOUNTAIN

COMING SOON! Triple Net income property in southwestern Ontario.

Great CAP Rate.

Wait for details.

seller motivated Very busy location of East Mountain. Sales $40,000 per week. 8000 square ft store. Low rent of $8000 per month. Long lease available. Asking price is $499,000.

For more details call Mazhar Roshan.

Very desirable area of Stoney Creek next to new Walmart. New home construction coming to the area.

1366 sq ft office space available. Ideal for doctors, lawyers, dentist and insurance agents. Other tenants include Gino’s Pizza, Tim Hortons, Esso and many more.

TMI’s estimated at $9.00 psf.

0513_DJW_3_0027

LAND FOR SALE

0513_DJW_2_0024

FOR LEASE

Excellent investment opportunity for builder or your own home. Attractively priced bldg lots in prime Niagara area. Mins to QEW, Niagara Falls & US border. Nice country setting with munic water & n/gas avail. 12 lots to choose from, 1 with 4 acre parcel. Buyer responsible for costs, availability of permits, levies & dev charges.

T h i s s pa c e i s wa i ti n g f o r yo u r p ro p e rty

0513_DJW_2_0064

FOR LEASE BRANTFORD

BUSINESS - HAMILTON - $60,000

sold

Very desirable area of Stoney Creek Mountain. Next to the new Walmart/Financial Institutes, new homes coming to the area in a plaza, 1366 sq ft office space available.

Ideal for lawyers, doctors, dentist and insurance agents.

6 offices available with separate receptions and kitchen areas. OTHER TENANTS INCLUDE TIM HORTONS, ESSO, G/S, AVONDALE, GINO PIZZA & MANY MORE. TMI’S ESTIMATED 9.00 PSF. 0513_DJW_2_0044

GREAT COMMERCIAL BUILDING W/ BUSINESS

sold

Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.

Location, location, location!!! Money making dollar store in the heart of Upper James located in the No Frills plaza at Mohawk Rd. Good for entrepreneur or family business, doing over 300K in sales with over 50% profit margin! Call for more details.

Great commercial building with business, all the equipment and property for sale. 19446 sq ft building.

Main floor 12 lanes bowling alley business with 54 people license & kitchen, bowling equipment with automatic scoring machine, second floor setup billiard, pool, snooker all with equipment, licensed for 60, currently rented for 2230 P/M. For more details call.

0513_DJW_1_6668

0513_DJW_2_0002

0513_DJW_1_0063

15G COM

CommerCial ProPerties Business oPPortunities FranChise oPenings & more!

11271020_0513

77 TOWNHOUSE RENTAL COMPLEX - $6,800,000 BELLEVILLE

Mike K. Nanavati

Condo conversion approved.

Good location.

28 x two bedrooms.

49 x three bedrooms.

Close to Hwy 401 and all amenities.

Broker of Record

Wind Star Realty Limited Brokerage

Tel:

416-730-8484 Email:

mnanavati@sympatico.ca

0513_DJW_8000

inthenews

Enjoy the rewards of starting a small business

G

oogling “how to start a small business”

identify your next steps and how to get moving.

returns millions of results with conflicting

They will help you anticipate challenges and opportunities,

advice and opinions, often leaving aspiring

determine how your business can grow and identify strengths while eliminating weaknesses. They can also

entrepreneurs unsure where to begin.

help you choose the most effective business structure to

To answer your questions on launching a start-up, share

maximize potential and avoid surprises at tax time.

the challenge with someone as committed to the success

Areas such as regulatory requirements, tax and payroll

of your business as you are – a certified general accountant

deduction remittance and record keeping laws in Ontario

(CGA).

can also be easily answered for your specific circumstances

CGAs see more than numbers. They provide knowledge

by connecting with a CGA.

and skills extending beyond typical accounting services of

More information is available online at cga-ontario.org

preparing financial statements and tax and audits. CGAs

or toll-free at 1-800-668-1454.

–NC

see the big picture and provide the financial expertise to

the CommerCial inVestor: sPotlight 16G COM

CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!

11258154_0513

17G COM

11239413_0513

CommerCial ProPerties Business oPPortunities FranChise oPenings & more!

Frank Su Sales Representative, MBA Office

519.578.73 0 0 Direct

519.729.62 8 9

5 LOTS FOR SALE $719,000

37 ACRES DEVELOPMENT LOT $4,500,000

1 Commercial lot 130’x198’, plus 4 residential lots, 49.5’x198’. On Hwy 7 close to Waterloo and Stratford.

Incredible development property on Hwy 7, close to Waterloo and Stratford. Total of 37 acres. Owner has draft plan for 78 building lots for the east part of the property.

MLS

franksu168@gmail.com

MULTI-BUSINESS ENTERPRISE

®

11269763_0513

MLS

0513_DJW_0004

$

0513_DJW_0005

899,900

~ 115 acre - Marine Commercial, nautical Lake Erie access ~ 22 boat slip Marina, Boat ramp, Bait & tackle shop R E A LT Y B R O K E R A G E I N C .

~ Fast Food Restaurant, outdoor patio (turn key)

INDEPENDENTLY OWNED AND OPERATED

905.774.4444

~ Wine Bar/Bistro/Cafe (turn key) 0213_DJW_0075

Wes Moodie SALES REPRESENTATIVE

~ 40 acre activity park - fishing, day camping, canoe rentals, miniature golf, eco-tourism destination ~ Walk to downtown, highway location

www.wesmoodie.com

MLS #H3100549

9735712_0513

8306470_0513

HOTELS & MOTELS AVAILABLE ONTARIO

Escarpment Realty Inc., Brokerage

Independently owned and operated

Terry Tandarich Sales Representative E-mail:

tandarich@gmail.com

905.639.7676 “Call Terry and get Real Results” Contact:

FRANCHISED PIZZA STORES AVAILABLE FOR SALE

Successful Prime Oakville location available $150,000.

Profitable Hamilton Mountain location available $175,000.

Call for full financial information.

the CommerCial inVestor: sPotlight 18G COM

0513_DJW_3_0071

APARTMENT BUILDINGS WANTED

I have many qualified buyers searching for multi-residential properties - all sizes.

Sell Now!

Various properties and sites are available.

Call today for details.

0513_DJW_3_0094

CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!

CommerCial ProPerties Business oPPortunities FranChise oPenings & more!

11 Durham St. W. Box 549 Walkerton, ON N0G 2V0 Tel: 519.881.2270

www.mcintee.ca Paul Kueneman

$385,000

Great opportunity on this well built, well maintained, 10,000 sq. ft. building. 4 bay doors. Could be Broker 4 separate areas or 519.889.0566 1 large retail outlet. paul.kueneman@mcintee.ca

Professional/Trade Related/Light Industrial - all of these uses are applicable in this well maintained, 3700 sq. ft. quality building.

GREAT location in the Eastridge Industrial Park.

11271008_0513

11009639_0513

$750,000

0513_DJW_5000

0513_DJW_1_0012

COMMERCIAL PROPERTIES IN WALKERTON

9121982_0513

0513_DJW_3_0012

FOR SALE Exclusively being offered for sale.

6 plex near Royal York GO Station. Brick 2 storey walk up with 6 hydro meters. 4 - two bedroom apartments and 2 - one bedroom apartments, surface parking at the rear, laundry facility on site, hot water gas heating.

Net income $45,000.

To view property call

Ed Kuthe, Broker of Record

GCE Commercial Realty Inc., Brokerage Cell: 416.821.7552 Email: gcerealty@bell.net Wilfred McIntee & Co. Ltd., Brokerage 105 Garafraxa St. N. Durham, ON N0G 1R0

Town of Durham - Junction of Hwys #6 & #4 55 miles N of Guelph, 50 miles NW of Orangeville, 65 miles NE of Kitchener

COMMERCIAL BUILDING IN HANOVER

519.369.2128 11255951_0513

Glen G. Reay SALES REPRESENTATIVE CELL:

Email:

519.369.4113

$595,000

glen.reay@mcintee.ca • www.glenreay.ca

the CommerCial inVestor: sPotlight

2 1/2 yr old building in Hanover industrial park. This building is approx. 7100 sq. ft. with main floor foyer, showroom, boardroom, offices, storage & workshop. Lower level has overhead doors, storage & utility.

Natural gas heat, 200 amp, 600 volt hydro 3 phase, step down transformer. #12-102.

Ask for Glen 0213_DJW_3_0048

•

www.mcintee.ca

CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!

19G COM

11270820_0513

CommerCial ProPerties Business oPPortunities FranChise oPenings & more!

$7,995,500

INDUSTRIAL PROPERTY, BUSINESSES & EQUIPMENT FOR SALE IN MILTON 301 Wheelabrator Way

10,000 sf shop/repair facility on 2.09 acres zoned M2 Industrial OUTSIDE STORAGE Well established excavation and snow plowing business with revenues close to $4M - excellent clients under contract Includes professionally maintained fleet of light and heavy equipment consisting of over 50 vehicles in total including excavators, dozers, single and tandem axels, graters, tractors, loaders, skid steers, sidewalk plows, back hoes, front plows, wind and side scrapers.

Jones Lang LaSalle Real Estate Services, Inc. Brokerage

Kevin Kelley Salesperson

Mobile:

905.755.4647 416.895.5330

Email:

kevin.kelley@am.jll.com

Office:

Toll Free: Office:

800.561.6383 705.292.9551

Grant Gibson Sales Representative #1 AGENT for 2011, 10, 09, 08, 07, 06 email: grantgibson.net

www.grantgibson.net

,5

90

,0

00

INVESTMENT OPPORTUNITIES ■ First Class office building. $4,100,000. Gross income $392,350. 2 long term Triple A tenants. 100% occupied.

■ Retail Plaza plus 5 acre lot, 4 UNIT PLAZA development land. Net income High traffic corner location for this 4 unit plaza featuring $320,000. $6,795,000. a long term ‘Coffee Time’ restaurant. This 2.6 acre corner lot has 337 feet of frontage at the corner of Hwy 28 and Hwy 7. Great opportunity. Current net income of ■ Commercial Plaza, 46,000 sq. ft., $110,000 a year. North/West of Peterborough on the 5 acre corner site. $4,590,000.

Corner of Hwy 28 & Hwy 7 at Fowlers Corners.

$1

Brokerage

0513_DJW_0055

0513_DJW_0054

0513_DJW_3_0075

Eastern Realty Inc.,

9631429_0513

www.kevinkelley.ca

HARRISTON

CLIFFORD

Midwestern Realty Inc., Brokerage

519.291.1341 60 Elora St. S., Harriston N0G 1Z0

519.338.3541

$224,900 Successful fast food restaurant/pizza parlour. Busy takeout. Lots of parking. Outdoor patio. High traffic area.

Call Terry Crowe, Broker at (519) 291-1341.

MLS #234100000515401.

11271007_0513

11270850_0513

$249,900 High traffic agricultural/commercial property. Presently hog producers sorting facility. South of Harriston. 45’ x 145’ pole structure w/ small office.

Call Keith Gray, Sales Rep. at (519) 338-3541.

MLS #234100000118400.

0513_DJW_4_0033

995 Wallace Ave. N. Listowel N4W 1M6

0513_DJW_4_0032

Independently Owned & Operated

the CommerCial inVestor: sPotlight 20G COM

CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!

MUR

R AY G I BBONS

11270766_0513

B . S c . A g r. B r o k e r o f R e c o r d

GREAT LAKES REALTY &

519-443-6443 WILSONVILLE, ONTARIO

AUCT IONS INC., BROKERAGE

www.mwww.murraygibbons.com u r r a y g i b b o n s .com

|

murray@murraygibbons.com LAKE ONTARIO 85 ACRES WITH 3500 FT LAKEFRONT!

RETIREMENT PHONE: 519.443.6443

COMMUNITY SUBDIVISION - 170 LOTS, SOUTH OF BRANTFORD!

Wilsonville, Ontario, Canada

0513_DJW_1_0050

Draft plan approved with registration Spring 2013.

High profit for builder/developer.

Exclusive style development, including Clubhouse.

Easy commute to Highway 403/Brantford, #24, #3 & #6.

1 hour west of GTA, 50 minutes to London, 20 minutes to Lake Erie.

Only $19K/lot!

See Details at: http://murraygibbons.com/details5313.html

Zoned Agr. & Recreational.

Great alternate energy site 401 exposure at exit 425, Courtice Rd. Just outside Oshawa.

3 road frontages.

Only $45K/Acre!

0513_DJW_1_0051

See Details at: http://murraygibbons.com/details5274.html

ARIZONA SUBDIVISION 255 SINGLE FAMILY LOTS NEAR CASA GRANDE!

14,000 ACRES! FOREST INVESTMENT!

Booming Area! *Fully serviced!

Sault Ste. Marie, Ontario

Purchase a package of lots or all.

Asking only $21,900 per lot!

28 Lakes/Rivers/Recreation/ Timber/Development

Consider the service costs today are $25,000 per lot without land cost!

$399/Acre (Terms provided)

Min. to USA Bridge

See Details at: http://murraygibbons.com/details5341.html 0513_DJW_1_0052

0513_DJW_0036

See Details at: http://murraygibbons.com/details4587.html

Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

for advertising call

doreen wills 905.570.9283 • 1.800.268.0077 doreen.Wills@wall2wallmedia.com 20G COM

21G 13G COMCOM

legallyspeaking

Building or renovating commercial properties:

construction liens 101

By Jayson Schwarz and Konstantine Chatzidimos

I

f you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property.

A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings.

Continued on Page 24

22G COM

23G

COM

9853283_0513

Continued from Page 22

If you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings.

Lien rights do not replace, but add to any other rights suppliers or servicers may have for recovering their money at law. Among those who would ordinarily use construction liens are general contractors, trades people, surveyors, architects, designers and material suppliers. Construction liens encumber title to the property; effectively preventing the owner from mortgaging or selling it.

The right to a lien arises as soon as someone provides services, work or materials to a construction site.

The Act provides that this lien expires if it is not “preserved” – or registered – within 45 days after the last substantial supply of services or materials. Often times, the registration of the lien itself is sufficient to get the claim paid, unless, of course, there is a fundamental dispute about the sum owed. Even where the amount is in dispute, the party against whom the claim is made may pay the amount into court by cash or bond along with estimated court costs and the lien will be discharged with the parties battling it out later in court.

If you then miss the period for registering your lien you can still sue in ordinary court.

Registering a lien gives the lien claimant priority on title against any future mortgagee or owners of the property. This effectively prevents the property owner from mortgaging or selling the property without dealing with the lien claimant. Lenders will not provide construction money or financing on a property that has 24G COM

outstanding construction liens unless arrangements have been made for the settlement or discharge of the lien. Further, a purchaser will not be obligated to close a deal unless lien claims have been dealt with and removed from the title.

In the instance where the claim is filed and the lien remains unpaid, the claimant has an additional 45 days (meaning a total of 90 days after substantial completion) to register a Certificate of Action against the lands and premises. This means a lawsuit has been commenced. If this additional step is not taken, the claim will normally expire. Often, the expense of multiple court actions by workers on the same project can be avoided by a process called “sheltering” in which claimants proceed under the umbrella of one claimant and sometimes share the costs.

Under the Act, anyone paying another party to work on a construction project, or to provide materials or services, must hold back 10 per cent of the amount owing until the time for filing all liens relating to the holdback has expired. Normally, all funds are released once the 45-day period for all parties has passed. Obviously, the termination of the 45-day periods will be different for all the parties, since their different stages of work and supply will have taken place at different times.

Any individual who does not hold back the amount that they were supposed to, will still be liable for that amount and possibly more, if others further down the construction chain do not pay the amounts that they were supposed to.

In the case of construction mortgages, the bank or lending institution will hold back 10 per cent of all money paid out until respective lien periods have expired.

It is a good idea if you are considering registering a lien, to consult with your lawyer as soon as possible. Your lawyer will tell you what information you will need to register in a timely fashion. It takes time to prepare properly and register, don’t be late! In any registration process there can be glitches and things that need to be changed at the last minute.

It is generally a good idea to plan to register by day 40 of the eligibility period in order to allow for any last-minute problems.

The lien can be removed from title after either: its expiry for failure to perfect, a settlement in some fashion, payment into court by way of cash or bond, or a final judgment. There are costs and penalties for those who file false or inappropriate liens.

The Lien legislation is complicated. The information above is simply an outline and not intended in any way to be a comprehensive analysis of construction lien law or actions that should be taken in any particular circumstance. If you wish to discuss construction liens or your particular construction lien problem we advise you consult a solicitor experienced in real estate law.

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm Schwarz Law LLP. Jayson Schwarz is a Toronto business lawyer and partner in the firm.

10126377_0513

25G

COM

905.270.8840

Roger Jain, P.Eng., CCIM, REI, FRI

Neil Jain, B.A., AMP

Broker /V.P. Commercial Division

Broker

C: 416.560.5246 / E: jain@ccim.net

C: 905.257.2579 / E: neil@bell.net

$6,000,000

0513_DJW_0088

ASKING PRICE $2,275,000

ASKING PRICE $3,950,000

INDUSTRIAL - MISSISSAUGA 0513_DJW_0089

INDUSTRIAL - MISSISSAUGA

Commercial strip plaza, 10,100 s.f. Building anchored by Rexall Pharmacy, Close to major highway, Located on a steet with high traffic, Serious buyers (Principal) only.

INDUSTRIAL - MISSISSAUGA 0513_DJW_0090

ASKING PRICE

Free-standing building 8500 s.f. on 1.4 acres lot ideal Restaurant/ Bar, Private School, Daycare, Contracting Company, Plenty of Parking, Commercial Zoning, Serious buyers (Principal) only.

0513_DJW_0091

Very well maintained Plaza, Close to Walmart, Good tenants (10 units), 45,000 s.f. building, Lot size 2.55 acres, Multi-use, Serious buyers (Principal) only.

RETAIL - TORONTO 0513_DJW_0087

RETAIL - OAKVILLE 0513_DJW_0086

RETAIL - MISSISSAUGA

®

INDUSTRIAL - MISSISSAUGA

INDUSTRIAL - MISSISSAUGA

APT. BLDG. - TORONTO 0513_DJW_0094

Well located with access to all major Highways and Public Transit, over 92,000 s.f. building, heavy power and existing crane, 136 parking spaces with potential to increase, Serious buyers (Principal) only.

ASKING PRICE $6,390,000

0513_DJW_0093

Good exposure, 52,614 s.f. building on 2.71 acres lot, close to Hwy 410, high profile modern precast building, 2 storey office.

Three 10 ton crane bays, chemical storage room, Radiant heat, Serious buyers (Principal) only.

ASKING PRICE $6,450,000

0513_DJW_0092

220,000 s.f. Premier precast industrial facility situated on 16-acre lot, constructed in 1997, energy efficient, solar panels on the roof, 2000 amps of power, 23 ft clear ceiling heights, Serious buyers (Principal) only.

ASKING PRICE $19,580,000

APT. BLDG. - TORONTO

LAND - MISSISSAUGA

LAND - NEWMARKET 0513_DJW_0097

Excellent location in a quality neighbourhood, 30 apartment units, roof upgraded in 2007, Newer high-efficiency combo boilers, High-efficiency washers and dryers in common laundry room, Serious buyers (Principal) only.

ASKING PRICE $12,000,000

0513_DJW_0096

Approximately 35,000 s.f. Free-standing building, Good shipping, 18’ clear ceiling height, Approximately 8% office space, Good opportunity for end-user or investor, Serious buyers (Principal) only.

ASKING PRICE $3,825,000

0513_DJW_0095

Modern precast building, near Highway 401, two 10 ton craneways, 47’ and 45’ wide, Large rear paved yard, Air make-up system, two 10 ton cranes & two 5 ton cranes, Chemical storage room, Radiant heat, Serious buyers (Principal) only.

ASKING PRICE $4,950,000

LAND - MISSISSAUGA

LAND - HAMILTON

RETAIL - FLORIDA

Approximately 2 acres of prime development land on The Credit River, Ideal for approximately 24 or 25 Luxury Town Homes or a Senior Residence, Serious buyers (Principal) only.

ASKING PRICE $5,000,000

Approximately 210 acres out of which 9.8 acres of land has been re-zoned to M3, to allow but not limited to, hotels, car dealerships, Convention/Conference Centres, manufacturing. 114.6 acres occupied by Golf Course, Serious buyers (Principal) only.

ASKING PRICE $4,800,000

0513_DJW_0099

2.77 acres, Prime redevelopment condominium site - Yonge st and David Dr at Gateway to Newmarket, Final approvals pending for 360 units and 335,000 sq/ft 2.79 density, Zoning pending approvals, Serious buyers (Principal) only.

ASKING PRICE $7,500,000

0513_DJW_0100

7.44 acres of Premium truck parking lots available, Significant improvements and upgrades have been made including 12 inch gravel base, storm water drainage, dual concrete dolly pads, separate entranceways, swipe card with electronic entrance/exit, Serious buyers (Principal) only.

ASKING PRICE $11,330,000

0513_DJW_0098

71 large apartment suites - mostly 3 bedrooms, Over $1.5 m recently spent in the building, Air conditioned suites - over 80% have been renovated, Situated in a single family residential area, Built in the early 1980’s, Serious buyers (Principal) only.

ASKING PRICE $13,000,000

Strip Center anchored by Trust Bank, land, 2.5 acres, Cap Rate 8%, constructed in 2008, 10 minutes from the Airport, excellent frontage & visibility, GLA 25,000 s.f. Multiple tenants, Serious buyers (Principal) only.

ASKING PRICE $4,500,000

11270998_0513

27G COM

Well established business in busy mall Turn-key Low rent with long lease term ■ Stable business with great potential ■ Full training provided by head office

COM

0213_DJW_0067

1600 sf over $400K new renovation Brand new outdoor patio with 54 seats and BBQ equipment Full equipment kitchen and bar with LLBO ■ Golden mine location close to schools and commercial centre ■ Owner prepare retire after over 4 years of excellence.

■

■

■

■

■

■

$188,000

26G

FISH & CHIPS RESTAURANT AND BAR - MISSISSAUGA

0213_DJW_0066

11234269_0513

JUICE FRANCHISE STORE-SCARBOROUGH TOWN CENTRE

$249,000 ONLY

9741130_0513